Sensex sheds all its gains as Aug inflation jumps to 6.1%

Written By Unknown on Senin, 16 September 2013 | 14.03

12:25

Moneycontrol Bureau
Live Market Commentary

The market lost more than half of its early gains in noon trade after the WPI inflation increased higher-than-expected to 6.10 percent in August from 5.79 percent in previous month on food inflation.

Food articles inflation jumped to 18.18 percent from 11.91 percent month-on-month and primary articles inflation rose to 11.72 percent from 8.99 percent while manufactured products inflation declined to 1.90 percent from 2.81 percent.

The Sensex is up 18.08 points at 19750.84, and the Nifty is up 0.85 points at 5851.45.



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