In the backdrop of a screaming high inflation update and relatively low industry productions, the Indian equity market closed well on Tuesday. After Sensex’s peak by 456 points at 60,571 points, Nifty also followed the mark, up by 134 points at, closing at 18,070 points, with the help of foreign funds buying in the Indian market. However, with the updates of the US rate rise due to high inflation, the world’s largest economy’s market opened in a red, resulting in a short-lived Indian win.
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