India’s GDP grew at seven quarters high of 7.7% in January-March period, elevated by govt spending and investment.
The Sensex was trading with gains of 40 points, while the Nifty gained 8 points in the late morning hours.
Shares in Idea Cellular Limited were trading higher after the telecom major completed sale of 9,900 standalone towers to American Tower Corporation’s Indian subsidiary for Rs 4,000 crore.
Auto companies stocks will remain in limelight as they will start announcing their monthly sales figures. Shares of Bajaj Auto Limited rose over 2 percent after the company reported 30 percent increase in its May sales to 4.07 lakh units..... Read More
U.S. crude oil lost more ground in the morning session, with the market set for a second week of decline on pressure from record U.S.intraday Stock Tips
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