Sensex, Nifty Climb in Early Trade on Optimism Over Indian Economy

the Sensex and Nifty climbing in early trade on Tuesday. The Sensex was up 146.98 points to 61,876.66, while the Nifty was up 55.3 points to 18,258.70.

The Sensex and Nifty were boosted by gains in banking and financial stocks. HDFC Bank was up 2.3%, while ICICI Bank was up 2.1%.

Other gainers included Reliance Industries, which was up 1.7%, and Infosys, which was up 1.5%.

The Sensex and Nifty are trading near their record highs, as investors continue to be optimistic about the Indian economy. The economy is expected to grow at 7.5% in the current fiscal year, and corporate earnings are expected to grow at a double-digit rate.

However, there are some concerns about the impact of the ongoing trade war between the United States and China on the Indian economy. The trade war could lead to higher inflation and could slow down global economic growth.

Overall, the Sensex and Nifty are expected to continue to trade in a range in the near term, as investors await more clarity on the impact of the trade war.



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