business : Sensex, Nifty reach new peak due to reduction in inflation

business : Sensex, Nifty reach new peak due to reduction in inflation

business : Equity benchmark indices Sensex and Nifty hit fresh record highs on Thursday after lower inflation data raised expectations of an interest rate cut by the RBI. Besides, heavy buying in capital goods, consumer durables and industrial stocks also helped the indices, traders said.Retail inflation eased to a one-year low of 4.75 per cent … Read more