The annual wholesale price inflation eased to 11.16 per cent in July from the previous month's 12.07 per cent, helped by lower increase in the cost of fuel and food items, government data showed on Monda
Domestic equity benchmarks started Thursday s session on a strong note amid buying interest in financials and ITC. Power Grid, ITC, Tata Motors, M&M and Hindalco were among top blue-chip performers. On the other hand, Divi s Lab, DRL, Asian Paints, HUL and SBI Life were among top losers.
US inflation data came slightly lower than expected and confirms the Fed thesis that inflation is transitory. The positive response of Dow and S&P to the inflation numbers and the decline in the Dollar index will strengthen the bulls, said an analyst.
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Sensex recovers from day s low but still down 362 points - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.