Sensex rallies 1,000 points as softer US inflation data bolsters sentiments
“It was well known that the crucial US inflation numbers for October will sway the market either up or down depending on the trajectory of inflation. Now that the inflation print – both CPI and core- has come below expectations, the direction of the markets is a foregone conclusion,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.
