Monday, February 12, 2018

Good news for stock market : IIP up, inflation down

IIP remained robust in December 2017 at 7.1%, as against 2.4% in December 2016.

CPI based inflation, which hit a 17-month high in December at 5.2% in December, cooled down a bit in January at 5.07%, 2018.

Rate sensitive stocks are expected to sizzle on Wednesday's trade.

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