With millennials growing increasingly wary about money matters post-pandemic, the study indicated that a vast majority of the respondents (41 per cent) set aside a budget of anywhere between 10-20 per cent of their annual income as savings. 

The stocks of these companies were up by more than 11 per cent. 

The domestic markets maintained a positive momentum through the trading session supported by optimistic global cues and a few domestic factors which caused a rally in realty, automobile and banking stocks. Sensex ended 379.43 points or 0.64 per cent up at 59,842.21 while Nifty settled 127.10 points or 0.72 per cent up at 17,825.30 level. 

The core equity indices, Sensex and Nifty 50 are seen continuing their five-day winning streak on the back of strong economic data released by the government.The retail inflation, measured by Consumer Price Index (CPI) eased to a five-month low of 6.71 per cent in the month of July down from 7.01 per cent in June thereby, successfully complementing the rate hikes carried out by RBI since May 2022. 

The shares of company surged over 630 per cent in just six months, thanks to months of back-to-back upper circuits.

We are keenly monitoring multiple government initiatives under ‘Make in India’ programme, encouraging indigenous defence equipment manufacturing in the country; asserts Ankur Shah, Managing Director, Krishna Defence and Allied Industries Ltd. 

Indices closed on a higher note as Nifty surged above the 17,800 level and ends 0.72 per cent higher. Meanwhile, Sensex surged 380 points while Nifty Midcap and Nifty Smallcap climbed 1.45 per cent & 0.95 per cent, respectively   

Regarding sectoral performance, Auto and Realty are the top gainers, while Metal remains the top loser.

Nifty 50 began well but is trading below the day's highs. The Nifty mid-cap 100 index has broken through a falling trendline. IGL and HAL displayed a powerful bullish breakout. Continue reading to learn more.

At 11.15 am on Tuesday, the headline equity indices, i.e. Sensex and Nifty 50 are trading higher on the bourses as India's CPI inflation data came out better than expected by the economists.