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Thursday July 31st 2014

Posts Tagged ‘inflation worries’

Food Inflation at 17.05 Percent

Inflation data came out yesterday and the India’s wholesale price index (WPI)-based inflation climbed to 17.05% for the week-ended January 22 — up from the previous week’s 15.57% —This is due to price increase in essential commodities. Finance minister Pranab Mukherjee termed the rise in food prices as a matter of “grave concern.” [...]

Inflation Worries – Market will be Volatile Due to Inflation Data

Market will be volatile until inflation data reaches the market , for the past 3 weeks the inflation data was too scary which will hurt the Bank a lot , so the data will kick in almost at noon so until that it will be volatilew , but after that based on reduction in Inflation or higher inflation market will either go up or down.