Key benchmark indices rose about 1 percent on Tuesday, snapping a five-day losing streak as rate-sensitive stocks surged after consumer inflation in June slowed to the lowest since the figures were published in January 2012. The Nifty rose 0.97 percent, or 72.50 points, to end at 7,526.65, after slumping to over five-week low in the previous session. Among state-run lenders, State Bank of India surged 4.4 percent and Bank of Baroda rose 4.1 percent.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 39 advances to 11 declines.
The market breadth, indicating the overall health of the market was positive, in Nifty50 stocks the advances to declines stands at 39 advances to 11 declines.
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