Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
The broader markets outperformed the benchmark indices- BSE Midcap and Smallcap indices gained 0.4% each
Nifty50 surged 87 points to end at 8,157, highest closing levels since Oct 29, 2015.
Sensex surged 486 points or 1.9%.
Above normal monsoon forecast and strength in Asian equities lifted sentiments.
Investors accumulated quality stocks at valuable and attractive levels.
Stellar rally in ITC shares along with strength in the Asian equities capped the downside.
A mixed global trend and weakness in rupee influenced the sentiments during the day.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
Auto stocks are weighing on the indices.
Next set of Q4 FY16 earnings, progress of monsoon along with election poll outcome will dictate market trend this week
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Top gainers from the Sensex pack are Asian Paints, Bajaj Auto, ITC, NTPC, L&T and HDFC, all up 2% each
The S&P BSE Sensex surged 160 points to close at 25,262.
The S&P BSE Sensex plunged 128 points to end at 25,102.
The S&P BSE Sensex gained 57 points to end at 26,064 and the Nifty50 climbed 17 points.
The S&P BSE Sensex shed 42 points to close at 25,838 and the Nifty50 lost 13 points to end at 7,899.
The S&P BSE Sensex ended up 28 points at 25,844 and the Nifty50 ended flat at 7,915.
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