Sensex, Nifty near record highs as retail inflation eases

Indian shares opened near record highs on Tuesday after data showed the country’s retail inflation eased to a four-month low, while Zee Entertainment surged 10% after top investors sought the removal of its chief executive from its board. The blue-chip NSE Nifty 50 index was up 0.3% at 17,407.65 by 9:16 am, and…

Sensex crosses 55,000 after strong gains, Nifty tops 16,430

Indian shares hit a record high on Friday, with banking and financial stocks leading gains, as the country’s retail inflation eased on improved supplies and government assured support to tide over economic strain caused by the pandemic. By 9:19 am, the blue-chip NSE Nifty 50 index was up 0.35% at 16,427 and the…