Markets end higher as inflation cools to 6 year low in April
The Hindu
Equity indices rise as inflation eases, creating room for RBI rate cut; global trade tensions ease.
Equity benchmark indices Sensex and Nifty ended higher on Wednesday (May 14, 2025) as retail inflation eased to a nearly six-year low of 3.16% in April, creating enough room for the RBI to go for another rate cut in the June monetary policy review.
A cooling U.S. April inflation data and a pause in global trade tensions added to the positive trend in the equity markets, traders said.
In a highly volatile trade, the 30-share BSE benchmark gauge Sensex climbed 182.34 points or 0.22% to settle at 81,330.56. The gauge hit a high of 81,691.87 and a low of 80,910.03.
The NSE Nifty rose 88.55 points or 0.36% to 24,666.90.
From the Sensex firms, Tata Steel, Eternal, Tech Mahindra, Maruti, Mahindra & Mahindra, Infosys, IndusInd Bank, HCL Tech, Tata Consultancy Services and Bharti Airtel were the major gainers.
Telecom operator Bharti Airtel climbed nearly 1% after it posted about a five-fold jump in consolidated net profit to Rs 11,022 crore in the March 2025 quarter, mainly due to the tariff hike impact and one-time gain on tax benefits.
However, Asian Paints, Tata Motors, Kotak Mahindra Bank, NTPC and Power Grid were among the laggards.
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Sony Pictures Networks India is set to launch Wheel of Fortune, hosted by Akshay Kumar, bringing global entertainment to Indian audiences.
Airtel's board approves ₹401.25 call on ₹15,700 crore rights issue, aiming to strengthen its balance sheet and reduce debt.
Stock markets rebound with Sensex rising 448 points on fresh foreign inflows and positive global trends amid cooling U.S. inflation.
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India’s trade data for November reveals continued resilience in exports despite mounting U.S. tariffs on several key products. This is particularly significant given that the U.S. remains India’s largest export partner by a substantial margin. Interestingly, overall exports have not only grown, but shipments specifically to the U.S. have also rebounded.
Bharti Airtel Ltd. Chief Executive Officer-designate Shashwat Sharma, who is currently the firm’s chief operating officer, will take over the firm’s reins as CEO on January 1, 2026.
India's crude processing rose 2.3% YoY in November, with state-owned refiners handling two-thirds of the total.
The government is working to amend the Sugar Control Order and further align it with the requirements of the industry at present, Secretary (Food) at the Ministry of Consumer Affairs, Food and Public Distribution Sanjeev Chopra said Thursday.