AGL 40.00 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 195.00 Increased By ▲ 7.02 (3.73%)
BOP 10.24 Increased By ▲ 0.12 (1.19%)
CNERGY 7.25 Increased By ▲ 0.14 (1.97%)
DCL 10.25 Increased By ▲ 0.10 (0.99%)
DFML 41.60 Increased By ▲ 0.03 (0.07%)
DGKC 109.00 Increased By ▲ 1.09 (1.01%)
FCCL 38.61 Decreased By ▼ -0.39 (-1%)
FFBL 89.79 Increased By ▲ 7.77 (9.47%)
FFL 15.04 Increased By ▲ 0.14 (0.94%)
HUBC 122.30 Increased By ▲ 2.84 (2.38%)
HUMNL 14.48 Increased By ▲ 0.43 (3.06%)
KEL 6.30 Decreased By ▼ -0.10 (-1.56%)
KOSM 8.52 Increased By ▲ 0.45 (5.58%)
MLCF 49.74 Increased By ▲ 0.27 (0.55%)
NBP 74.25 Increased By ▲ 0.59 (0.8%)
OGDC 211.20 Increased By ▲ 6.35 (3.1%)
PAEL 33.20 Decreased By ▼ -0.36 (-1.07%)
PIBTL 9.07 Increased By ▲ 1.00 (12.39%)
PPL 194.89 Increased By ▲ 9.48 (5.11%)
PRL 34.60 Increased By ▲ 0.99 (2.95%)
PTC 27.50 Increased By ▲ 0.11 (0.4%)
SEARL 119.50 Decreased By ▼ -0.32 (-0.27%)
TELE 9.77 Increased By ▲ 0.08 (0.83%)
TOMCL 35.28 Decreased By ▼ -0.02 (-0.06%)
TPLP 12.50 Increased By ▲ 0.25 (2.04%)
TREET 21.40 Increased By ▲ 1.14 (5.63%)
TRG 61.02 Increased By ▲ 0.24 (0.39%)
UNITY 37.25 Decreased By ▼ -0.74 (-1.95%)
WTL 1.78 Increased By ▲ 0.13 (7.88%)
BR100 12,106 Increased By 334.2 (2.84%)
BR30 37,543 Increased By 958.6 (2.62%)
KSE100 113,460 Increased By 2650.2 (2.39%)
KSE30 35,422 Increased By 993.2 (2.88%)

Indian shares were off to a muted start on Thursday, as a drop in energy and auto stocks offset a rise in information technology stocks after U.S. inflation data reinforced expectations of a Federal Reserve rate cut next week.

The NSE Nifty 50 added 0.03% to 24,649.25 points as of 9:19 a.m. IST, while the BSE Sensex was up 0.09% to 81,594.11.

Indian shares end flat ahead of US, domestic inflation data

Eight of the 13 major sectors logged gains.

IT companies, which earn a significant share of their revenue from the U.S., rose 0.8% after data showed U.S. consumer price index rose 0.3% on a monthly basis, matching the forecast by economists polled by Reuters.

The odds of a 25-basis-point Fed rate cut next week rose to about 99% after the data from 89% a day ago, according to CME FedWatch.

Oil and gas and auto indexes shed about 0.3% each.

Comments

200 characters