Higher-than-estimated US inflation knowledge at 8.5 per cent in July coupled with sturdy international sentiments fuelled bulls in Thursday’s intra-day commerce on the BSE. Frontline indices Nifty50 rose over 140 factors to commerce above 17,650 ranges and the S&P BSE Sensex climbed over 550 factors at 59,387 ranges.
Broader markets, too, mirrored power and outperformed benchmark indices as Nifty Midcap 100 and Nifty Smallcap 100 surged as much as 1 per cent.
Amongst particular person shares, shares of Eicher Motors hit new liftetime excessive at Rs 3,260.85 per share after the auto main reported over two-fold leap in consolidated web revenue to Rs 611 crore in Q1FY23. READ MORE
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