BSE Sensex and NSE’s Nifty 50 opened higher on Thursday. Photo: Mint
- Mumbai: BSE Sensex has surged over 400 points, NSE’s Nifty 50 also rose past 11,000 to record highs as shared rallied on positive cues from Asian markets and ahead of key inflation data. Asian stocks posted modest gains after a bruising sell-off in the previous session, despite lingering concerns around escalating US-China trade war. The dollar held an advance and crude oil steadied after its biggest plunge in two years. Traders are awaiting CPI inflation and IIP data due to be released later in the day. Retail inflation likely rose to a near two-year high in June, driven by surging oil and food prices, a Reuters poll showed.Here are the live updates from the stock markets: