Sensex hovers around 32K; Nifty Bank recovers after WPI inflation eases

45145865

Equity benchmarks continued to trade lower in afternoon, though the losses trimmed as Nifty Bank gained strength after WPI inflation eased significantly to 0.9 percent in June from 2.17 percent in previous month.

The fall in WPI as well as CPI inflation raised hopes for rate cut by RBI in August monetary policy.

The 30-share BSE Sensex was down 39.33 points at 31,998.05 and the 50-share NSE Nifty fell 19 points to 9,872.70. About two shares declined for every share rising on the BSE.

For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Facebook Twitter YouTube Pinterest Linkedin Google+

You may also like:

Sensex turns sluggish, Nifty still holds 9300; ICICI falls ahead of Q4' width= Sensex consolidates ahead of FOMC meet outcome; RBL Bank most active' width=
Sensex turns sluggish, Nifty still holds 9300; ICICI falls ahead of Q4 Sensex consolidates ahead of FOMC meet outcome; RBL Bank most active
Share Button

About the Author

Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300