01-01-1970 12:00 AM | Source: Ladderup Wealth Management Pvt. Ltd.
Reaction quote on CPI data By Raghvendra Nath, Ladderup Wealth Management Pvt. Ltd.
Below The Reaction quote on CPI data By Raghvendra Nath, Ladderup Wealth Management Pvt. Ltd.
“On expected lines, the inflation breached the RBI’s upper limit of 6%, though the inflation rose higher than expected jumping to 7.44%. Erratic monsoons over the past months attributed to a steeper-than-expected surge in the prices of vegetables. As seen by the Food and beverage inflation which rose to 10.57% during the month from 4.6% in the previous month. The vegetable prices are expected to stay elevated for quite some time, though fresh market arrivals may help cool down the prices to some extent.”
Above views are of the author and not of the website kindly read disclaimer
Latest News
Evening Roundup : A Daily Report on Bullion Energy &...
Market Wrap Up by Shrikant Chouhan, Head Equity Rese...
Gold Special Report: Akshaya Tritiya 2024 by Religar...
FIIs stood as net sellers in equities as per May 09 ...
Perspective On AMFI Data by Sanjay Agarwal, Senior D...
Post market comment by Mandar Bhojane, Research Anal...
Daily Market Analysis : The market resumed its corre...
Indian shares drop most in three months; L&T drags
VC firm Venturi Partners invests $27 mn in K12 Techn...
TCS CEO Krithivasan earned $3 million in first year ...