INSUBCONTINENT EXCLUSIVE:
Bajaj Finserv, Bharti Airtel and Bajaj Financing gained more than 2 per cent on the NSEThe NSE Nifty exceeded the 17,000 mark to touch fresh
all-time highs on Tuesday afternoon as the purchasing momentum continued unabated from the previous session
The benchmark S-P BSE Sensex had crossed the 57,000 mark previously in the morning
As of 12:45 pm, the BSE Sensex was trading at 57,064.73, higher by 287.50 points or 0.49 percent and the Nifty was at 17,018.50, up 87
The broader markets are also trading firm, with the BSE Midcap index and BSE Smallcap index acquiring 0.7 percent and 0.9 per cent each
And all the sectoral indices are trading in the green.The Nifty has actually logged its fastest 1,000-point rally, climbing from 16,000 to
17,000 within a simple 19 trading sessions.On the economy front, the National Statistical Workplace will release the GDP numbers for the
April-June quarter post market hours
The Reserve Bank said, at the end of its MPC meet on August 6, that it expects June quarter GDP to grow at 21.4 per cent.On the
stock-specific front, Bajaj Finserv, Bharti Airtel and Bajaj Finance gained more than 2 per cent on the NSE
Shree Cements, Hindalco and Ultratech Cements were the other significant gainers on the NSE.Bharti Airtel rose a day after its creator
chairman Sunil Mittal stated that the wireless provider wished to enhance its access to development capital and reduce its debt take
Mr Mittal included that the company will not avoid raising prices even more however will move towards it gradually.On the flip side, Tata
Motors, Nestle, Mahindra - Mahindra and IndusInd Bank lost around a per cent each on the NSE.
