At Fresh Peaks! Sensex surges over 500 points, Nifty above 19,500 on gains in index heavyweights
The US inflation rate for June came in lower than expected at 3%, the smallest year-over-year increase in two years. Meanwhile, retail inflation in India for June rose to 4.81%, after easing for four months in a row, as food prices surged, according to official data released post-market hours on Wednesday.