GIFT Nifty signals positive start as Wall Street rebounds; oil stays elevated
Mumbai, Aug. 20 -- GIFT Nifty:
GIFT Nifty August 2026 futures were up 35.50 points, indicating a mildly positive start for the Nifty 50.
Economy:
India's infrastructure output grew 5% year-on-year in June 2026, accelerating from a revised 3.2% increase in May and marking the fastest growth since January. Growth was led by iron ore output, which rose 43.9%, while cement, steel and electricity production also increased. Refinery product output, however, declined 4.7% amid supply disruptions in Persian Gulf energy exports. The data are based on a revised series with 2022-23 as the base year, which expands the core infrastructure basket to nine industries from eight with the inclusion of iron ore.
India-Singapore Ministerial Roundtable to...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.