Nifty holds 6000; June WPI inflation stays below 5%

Jul 15, 2013, 12.31 PM IST

Equity benchmarks gained marginal strength after WPI inflation staying below the 5 percent level. The Nifty clawed back above the 6000 level.

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Nifty holds 6000; June WPI inflation stays below 5%

Equity benchmarks gained marginal strength after WPI inflation staying below the 5 percent level. The Nifty clawed back above the 6000 level.

Like this story, share it with millions of investors on M3

Nifty holds 6000; June WPI inflation stays below 5%

Equity benchmarks gained marginal strength after WPI inflation staying below the 5 percent level. The Nifty clawed back above the 6000 level.

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12:24

Moneycontrol Bureau
Live Market Commentary
Equity benchmarks gained marginal strength after the WPI inflation staying below the 5 percent level in June as well.

Wholesale Price Index inflation rose marginally to 4.86 percent in June as against 4.7 percent in May (provisional), but it was better-than-forecast of 5 percent.

The BSE Sensex is up 13.53 points at 19972.00, and the Nifty is up 0.30 points at 6009.30, but the broader markets outperformed benchmarks.

Advancing shares outpaced declining ones by 1062 to 842 on the Bombay Stock Exchange.

11:18

BSE Sensex choppy; TCS, Bharti, Wipro major gainers

The market is going extremely choppy as it kick-starts the week marked by first quarter earnings by major companies like TCS and Reliance Industries. The Nifty is struggling hard to stay above 6000. The Nifty is 5996, down 12.95 points while the Sensex slips 31.93 points to 19926.54.

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