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Sensex edges higher on hopes of positive factory, inflation data

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Reuters

Reuters Market Eye - The BSE Sensex and Nifty edged higher on Thursday as blue-chips such as HDFC Bank rose on hopes that economic data due later in the day may show easing retail inflation and a pick-up in industrial activity.

HDFC Bank provisionally rose 2.5 percent, while NTPC advanced 1.9 percent.

The Sensex provisionally closed 0.4 percent higher, while the Nifty gained 0.3 percent, rising for five sessions out of last six.

(Reporting by Abhishek Vishnoi, Editing by Anand Basu)

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First Published: Jun 12 2014 | 3:43 PM IST

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