CLOSING BELL
Benchmark indices extended their record breaking rally into fifth straight session on Wednesday as macrreconomic tailwinds put stocks in top gear. India's retail inflation eased again in September, falling to a five-month low of 4.35 per cent, while the Index of Industrial Production (IIP) rose to 11.9 per cent YoY in August.
Benchmark indices extended their record breaking rally into fifth straight session on Wednesday as macrreconomic tailwinds put stocks in top gear. India's retail inflation eased again in September, falling to a five-month low of 4.35 per cent, while the Index of Industrial Production (IIP) rose to 11.9 per cent YoY in August.
That apart, IMF's GDP forecast, which pegs India's growth at 9.5 per cent in 2021 and at 8.5 per cent in 2022, came as another shot in the arm for market bulls.
Overall, the 30-pack BSE Sensex ended the session at 60,737 levels, up 453