Today market update 13/12/2022 - 13 December 2022

Today market update 13/12/2022

Benchmark index Nifty gained .6 percent today and closed at 16606.Banknifty made new all time high today and closed at 43946 with gain of .55 percent today.IT and banks are top performers today.Tata Consultancy Services (TCS), HCL Technologies, Mahindra & Mahindra (M&M) and Infosys were the top gainers on Tuesday. in contrast, Nestle India, Tata Steel, Maruti Suzuki India, Titan Company, Dr. Reddy’s Laboratories and Hindustan Unilever (HUL) were the top losers.India’s retail inflation eased sharply to 5.88 per cent, which was within the RBI’s tolerance band. However, the euphoria was partially offset by an unexpected decline in industrial production, which shrank 4 per cent in October