Epic Global Market Update

Anasty earnings surprise from technology major Infosys dragged the Sensex by 300 points on Friday. It closed at 18,242.56, down 299.64 points over the previous close, and the Nifty closed at 5,528.55, down 65.45 points.

In key economic data, March WPI inflation will be announced today and is expected to be slightly lower at 6.4 percent. Food inflation could fall due to high base and also fuel inflation may not be that high. Core inflation is seen remaining at 3.8%.

 

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