Sensex Edges Higher on Hopes of Positive Factory, Inflation Data

The BSE Sensex and Nifty edged higher on Thursday as blue-chips such as HDFC Bank rose on hopes that economic data due later in the day may show easing retail inflation and a pick-up in industrial activity.

The BSE Sensex and Nifty edged higher on Thursday as blue-chips such as HDFC Bank rose on hopes that economic data due later in the day may show easing retail inflation and a pick-up in industrial activity.

HDFC Bank provisionally rose 2.5 per cent, while NTPC advanced 1.9 per cent.

The Sensex provisionally closed 0.4 per cent higher, while the Nifty gained 0.3 per cent, rising for five sessions out of last six.

Copyright: Thomson Reuters 2014

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