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Indices end near day s low; auto stocks climb
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Benchmarks decline for 4th session, Nifty ends below 15,700
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China June factory growth slows on COVID-19, supply chain snags – Caixin PMI | Hellenic Shipping News Worldwide
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Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 269.83 points or 0.52% at 52,207.27. The Nifty 50 index was up 64.80 points or 0.42% at 15,647.60. The Nifty hit record high of 15,655.95 mark in early trade. Asian stocks are trading mixed.
The S&P BSE Mid-Cap index was up 0.48%. The S&P BSE Small-Cap index was up 0.59%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1664 shares rose and 715 shares fell. A total of 102 shares were unchanged.
India s gross domestic product (GDP) for 2020-21 contracted by 7.3%, even as GDP for the year s last quarter (January-March 2021) grew by 1.6%, official data released by the National Statistical Office showed on May 31.