Sensex climbs 150 pts, Nifty above 25,100 as retail inflation hits 6-year low
At around 9:17 am, the BSE
Sensex
was up 166 points, or 0.20%, at 82,420, while the Nifty50 rose 51 points, or 0.21%, to 25,133.
Among the Sensex constituents,
Sun Pharma
,
Tech Mahindra
,
Tata Motors
,
Infosys
, and
Asian Paints
opened with gains, rising up to 1.5%. On the other hand,
HCL Tech
,
UltraTech Cement
,
Eternal
, and
ICICI Bank
opened in the red.
On the sectoral front,
Nifty
Auto, Pharma, Realty, Consumer Durables, and Oil & Gas indices rose between 0.5% and 1%. In the broader market, the Nifty Midcap index gained 0.65%, while the Nifty Smallcap index was up 0.9%.
Among individual stocks,
Rallis India
shares jumped nearly 7% in early trade after the company reported a 98% year-on-year (YoY) rise in net profit to Rs 95 crore for the quarter ended June 30, 2025.
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Meanwhile, shares of
Tejas Networks
plunged 10% after the company posted a net loss of Rs 194 crore for Q1FY26, compared to a profit of Rs 77 crore in the same quarter last year.
Retail inflation slumped to a more than six-year low of 2.10% in June, near the lower range of the central bank's tolerance band, as food prices continued to ease, making a case for further interest rate cuts.
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