Showing posts with label WPI Inflation. Show all posts
Showing posts with label WPI Inflation. Show all posts

Sep 16, 2013

WPI inflation data leads to profit booking in markets

For the August month,WPI (Wholesale Price Index) inflation data came higher at 6.10% compared to 5.79% for the previous month.
   This led to some profit booking in markets as hopes of rate cut in RBI monetary policy on September 20 vanished.