NIFTY 50

Sonia Shenoy's market update on June 12: Sensex, Nifty likely to open mixed; Reliance Capital, Yes Bank, DHFL, RIL in focus

Indian benchmark indices are set for a mixed start on Wednesday ahead of retail inflation and industrial production data due to be released later in the day.

According to a Reuters poll, India’s retail inflation rate rose to 3.01 percent in May from a year earlier, up from 2.92 percent in April.

Asian shares also trade cautious over concerns of US-China trade relations and ahead of key economic data from China.

Indian benchmark indices settled with gains in the previous session led by metal stocks. The Sensex ended 166 points higher at 39,950, while the broader Nifty50 index added 43 points to end at 11,966.

At 7.05 AM, an early indicator of the Nifty 50's trend in India, traded 9 points lower, or 0.08 percent down at 11,972, indicating a muted start for the Sensex and the Nifty 50.

Stocks in focus: Reliance Capital, Yes Bank, DHFL, RIL. Click here to know more.

About MarketBuzz

The CNBCTV18.com podcast on the big themes, vital news and key events that you should know before the opening bell, powered by CNBC-TV18 anchors.

MarketBuzz is your daily morning briefing by CNBC-TV18 research analysts and anchors Sonia Shenoy, Ekta Batra, Anisha Jain, Nigel D’Souza and Mangalam Maloo to jumpstart your stock market investing.

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