11 August 2025, 10:58 India: Sensex Attempts to Rise Ahead of Inflation Data.
The BSE Sensex rose 248 points, or 0.3%, to 80,098 in morning trade on Monday, attempting to rebound from a three-month low hit in the previous session, ahead of the release of domestic inflation data on Tuesday. A Reuters poll expects India’s July inflation to fall to an eight-year low of 1.76%, dipping below the RBI’s 2%–6% tolerance band for the first time in over six years, raising hopes of potential interest rate cuts at the RBI’s upcoming meeting. However, gains were capped by lingering uncertainty over possible US tariffs on imported goods from India. Market participants also monitored developments ahead of a meeting between US President Trump and Russian President Vladimir Putin, scheduled for August 15 in Alaska, aimed at negotiating an end to the war in Ukraine. Gains in the auto, banking, pharmaceuticals, and healthcare sectors mainly supported the index. Among early gainers were Tata Motors (2.4%), SBI (1.9%), UltraTech Cement (0.8%), and NTPC (0.7%).
© 1999-2026 Forex EuroClub
All rights reserved