The S&P 500 steadily added to gains from late morning, while investors took weak data in their stride. The University of Michigan Surveys of Consumers said its Consumer Sentiment Index slumped further in May while one-year inflation expectations surged to 7.3% from 6.5% last month.
Kotak Mahindra MF, Citigroup, others buy 10.64% stake in Home First Finance for Rs 1,307 crore
Kotak Mahindra MF, Fidelity, Morgan Stanley, and Citigroup Global Markets Mauritius are among those entities that collectively bought a 10.64 per cent stake in Home