business

Live: 7 days in a row, can Nifty end this week on a high? Infosys in focus | Opening Bell

Nifty extended its winning streak to the seventh straight session, ending flat but holding firmly above the 25,000 mark at its highest level since August 21. Sentiment stayed upbeat with most sectors closing in the green, though IT, auto, and consumer durables lagged. On the other hand, oil & gas, media, and PSU banks outperformed, even as broader markets trailed the benchmark. Globally, investors kept an eye on the US, where retail inflation came in at 2.9% in August, in line with estimates. This morning, global cues were strong. Asia-Pacific markets rose tracking Wall Street gains as US CPI increased 0.4% MoM in August versus estimates of 0.3%, while YoY CPI stood at 2.9% in line with forecasts. US weekly jobless claims hit the highest level since October 2021, rising by 27,000, with futures markets now pricing in a 25 bps Fed rate cut ahead of next week’s meeting. Wall Street ended at record highs with the Dow surging 600 points, and all major indices up 1.6% so far this week. Catch Lovisha Darad in conversation with Raja Venkatraman, Co-Founder, NeoTrader & Trading Influencer and Ajay Bagga - Market expert.

first published: Sep 12, 2025 08:56 am