India’s stock benchmarks closed at record on Monday aided by gains in Tata Steel Ltd. and index heavyweight Reliance Industries Ltd. There was relief on the macro-economy front as wholesale inflation eased for the second straight month in July. The S&P BSE Sensex gained 0.26% to 55,582.58, a record close for the 30-stock index which hit a new high of 55,680.75 in intraday trade. The NSE Nifty 50 advanced by a similar magnitude to close at a record 16,563.05. The 50-stock index had hit a high of 16,589.40 in intraday trade.
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The Sensex and the Nifty on Friday, June 11, 2021, logged modest gains to close at all-time highs. Amid positive global cues, the Sensex closed near the 52,500 mark while the Nifty settled around the 15,800 level. Get more Markets News and Business News on Zee Business.
Sensex and Nifty are likely to open lower on Monday following a mixed trend in Asian markets. At 7:00 am, the Nifty was trading 55.00 points or 0.35 percent lower at 15,768. On Friday, Sensex and Nifty closed at record highs, led by gains in index heav
"Lenders have also been very cooperative, driven by the understanding that for NBFCs the core requirement is money. Once the debt restructuring process is over — in maybe around two months time — I will tell you in detail how our NBFC is shaping up, what are our future plans, etc."