Stock Market LIVE Updates: Financials, pharma and auto stocks lead rally. IT stocks under selling pressure. CDSL jumps 12%. InfoEdge slips 4%

 Stock Market LIVE Updates: Financials, pharma and auto stocks lead rally. IT stocks under selling pressure. CDSL jumps 12%. InfoEdge slips 4%

Gains in banking and auto stocks lifted Sensex and Nifty today as a lesser-than-expected rise in June retail inflation helped put stimulus pullback worries at ease amid a rally in global stocks. HDFC, ICICI Bank, Sun Pharma, NTPC and Axis Bank were among the top Nifty gainers. Adani Ports and HCL Tech dropped 1% each. The Nifty realty index was up 0.78% while the Nifty Infra index rose 0.49%. Both indexes were set to gain for a third consecutive session and have added over 25.4% and 20.2% respectively, this year.

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