Epic Research

Wednesday, September 14, 2016

Sensex, Nifty sluggish: August WPI inflation rises to 3.74%

Epic Research sensex nifty50Epic Research sensex nifty50



The volatility in equity benchmarks continued in noon trade with the Nifty hovering in a range of 8695-8720 as investors remained cautious ahead of central banks’ meeting.
The Sensex was down 31.36 points at 28322.18 and the Nifty down 3.70 points at 8711.90 whereas the BSE Midcap and Smallcap indices continued to outperform, rising over 0.6 percent.
About 1485 shares advanced against 872 declining shares on the exchange.
Wholesale Price Index inflation increased to 3.74 percent in the month of August compared with 3.55 percent in preceding month.


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