Nifty Above 18,700, Sensex Jumps 350 Pts; Thomas Cook Gains 5 | First Trades | ET Now

Indian shares advanced on Tuesday, with the broader midcap index hitting a fresh record on improved sentiment after data showed domestic retail inflation cooled in May. All 13 major sectoral indexes logged gains, with FMCG climbing 1.5%. Thirteen of its 15 constituents edged higher.High weightage financials rose 0.3% while information technology added 0.5%. The broader indexes also advanced in line with their larger peers, with midcaps rising as much as 0.88% to a fresh record high. Smallcaps added 0.64% to hit a new 52-week high. The uptick in domestic equities comes after data showed that domestic inflation eased to a more than two-year low of 4.25% in May, aided by slide in food inflation and favourable base effect. Industrial output rose 4.2% year-on-year in April, well above the estimated 1.8% expansion.#stockstobuy #stockstosell #etnow #stocknews #sharemarketnews #stockmarkets #stockmarkettoday #stockinnews #stocks