June WPI Inflation At 7.25%
DSIJ Intelligence / 16 Jul 2012
June WPI inflation numbers are at 7.25% against the expectation in the range of 7.6% to 7.8%. The markets have reacted positively to this however they will remain choppy ahead today. Inflation for the May 2012 was 7.55% and hence the current inflation numbers are lower but it may not be sufficient enough for the RBI to go for the rate cut.
One should also watch out for the CPI numbers due on Wednesday this week for more indication on the retail price level.
More to follow…
Note - Please refer to our detailed report on the same by clicking here
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.