Sensex and Nifty Surge as Investors Await May Inflation Data and Fed’s Monetary Policy Decision
Indian stock market indices, Sensex and Nifty, opened on a positive trajectory today as investors eagerly awaited the release of May’s retail inflation data and monitored the US Federal Reserve’s monetary policy decision. The S&P BSE Sensex registered a rise of 0.19% at 9:16 am, reaching 62,741.42, while the NSE Nifty 50 climbed 0.18% to 18,597.08. The broader markets also showcased positive momentum, further reinforcing investor confidence.
India’s Ather targets 1 million electric scooters a year as demand soars
Ather Energy, India’s top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next three years amid a surge in demand, the startup’s co-founder and chief executive told Reuters.
