Sensex trades high, takes retail inflation in stride
Write a comment
November 14, 2017 10:08
The Sensex tested the 33,000 level in opening trade today after some value-buying in select stocks despite retail inflation rising to 7-month high in October. The rupee's modest recovery against the dollar and a mixed global trend were the other deciders.
Retail or CPI inflation rose to 7-month high of 3.58 per cent in October, driven up by costlier food items, particularly vegetables. The rupee was trading higher by 13 paise to 65.29 against the American currency at the forex market today. -- PTI