Share Market

Sensex rises by over 100 pts; industrial output numbers expected later today

Sensex climbed up by 113 points while the Nifty rose to 10,000 level on Thursday.

This due to domestic investors raising the bar ahead of key industrial output numbers to be released later in the day.

Another record close on Wall Street after the release of the US Fed minutes fuelled the uptrend.

 

Building up of positions by participants ahead of key economic data—industrial production for August and consumer inflation for September—drove up domestic bourses.

Japan’s Nikkei rose 0.47%, while Hong Kong’s Hang Seng moved up 0.17% in early trade.

China’s Shanghai Composite, however, shed 0.24%. The US Dow Jones ended at a record high by surging 0.18% on Wednesday. Here are the latest updates from the market.

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