The base effect is playing a major role here considering CPI had come in at around 7 percent in August 2014, while core CPI was at 6 percent, food inflation was at 8.6 percent and vegetable inflation was at 10.8 percent.
Posts tagged MC
August CPI falls to 3.66%, food inflation comes in at 2.20% (14-09-2015)
AI may see another strike as pilots oppose Labour Min move (14-09-2015)
According to sources, the Central Executive Committee (CEC) of Indian Commercial Pilots Association (ICPA) is likely to serve a strike notice to the Air India management in the next two days.
Sony to focus on ‘Make in India’, robust growth in FY16 (14-09-2015)
In the festive season between Durga Puja and Diwali, Sony India projects to do a business of Rs 5,000 crore, or 20 percent jump over last year
Hold Mahindra Mahindra; target of Rs 1330: Religare (14-09-2015)
Religare has recommended to hold Mahindra Mahindra with a target price of Rs 1330, in its research report dated September 11, 2015.
Gujarat tops World Bank’s report on ease of doing biz here (14-09-2015)
Arvind Virmani, Former Chief Economic Adviser says this report is critical to meeting ‘Make In India’ and reviving growth in India and maintaining it.
Sensex up 246 pts; rate cut hope lifts banks on August WPI (14-09-2015)
Consistent contraction in inflation raised hopes of rate cut by Reserve Bank of India in its forthcoming monetary policy on September 29. Bank Nifty rallied 1.8 percent as Axis Bank surged 3 percent. ICICI Bank, HDFC Bank, State Bank of India, Bank of Baroda and Punjab National Bank gained 1-2 percent.
Buy Tata Motors; target of Rs 488: Motilal Oswal (14-09-2015)
Mostilal Oswal is bullish on Tata Motors and has recommended buy rating on the stock with a target price of Rs 488 in its research report dated September 11, 2015.
Buy Larsen and Toubro; target of Rs 1860: Sharekhan (14-09-2015)
Sharekhan is bullish on Larsen and Toubro and has recommended buy rating on the stock with a target price of Rs 1860 in its research report dated September 10, 2015.
SELL Gujarat Gas Company; target of Rs 570: ICICI Direct (14-09-2015)
Brokerage house ICICI Direct is bearish on Gujarat Gas Company and has recommended sell rating on the stock with a target price of Rs 570 in its research report dated September 14, 2015.
Sensex ends up 246 pts, Nifty at 7872; NTPC, Hindalco gain (14-09-2015)
NTPC, Hindalco, Vedanta, Tata Steel and Axis Bank were top gainers while Maruti, Bajaj Auto, Reliance and Tata Motors were major laggards.