INSUBCONTINENT EXCLUSIVE:
BSE benchmark index Sensex rose 304 points to close at 37,717 on Wednesday.Domestic equity indices are closed on Thursday on account of
Asian shares, which are open today, won a reprieve as news that the Trump administration has reached out to China for a new round of trade
talks raised hopes that a deal could be struck in the bitter tariff dispute between the world's two biggest economies
Globally, oil prices fell on Thursday, reversing some of the strong gains from the previous session, as economic concerns raised doubts
about ongoing fuel demand growth.On Wednesday, domestic stock markets registered strong gains, marking some recovery from the losses logged
by the indices in the past two sessions amid a selloff across the board
BSE benchmark index Sensex rose 304 points to close at 37,717, while the broader NSE Nifty settled 82 points higher at 11,369, after the
investors scooped up recently-hammered FMCG, metal and capital goods stocks amid a recovery in the rupee
The Indian rupee on Wednesday rebounded from the historic low of 72.91 to end higher by 51 paise at 72.18 against the US dollar.Meanwhile,
the key macroeconomic data was also released on Wednesday
Retail inflation cooled to a 10-month low in August on cheaper food items while industrial output expanded by 6.6 per cent in July, official
Food inflation slowed to 0.29 per cent from a year earlier, against 1.37 per cent in July
Consumer Price Index (CPI) based inflation fell to 3.69 per cent in August on the back of easing prices of fruits, vegetables and other food
items, as per data released by the Central Statistics Office (CSO)
