Stock Market LIVE: Sensex rises 90 points, Nifty above 11,300 ahead of CPI inflation data

After two straight sessions of heavy losses, BSE Sensex and NSE’s Nifty 50 gained today ahead of August retail inflation data due later in the day amid mixed cues from global markets. Asian stocks are heading for a 10th day of losses as investors see no end in sight for trade tensions. The region’s currencies have also been hit by prospects for tighter US monetary policy following a raft of strong American economic data. US stocks rose as the surge in crude buoyed energy shares. Oil prices jumped as a potentially devastating hurricane headed for the American east coast. Moreover, the government will issue consumer price inflation and index of industrial production data after 5.30pm today.
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