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Stock Market surrender to Inflation

http://indian-stock-market-news.blogspot.com

The BSE benchmark Sensex ended down by 489 to close at 15,343 and the Nifty index ended 124 points lower to 4,647.

Last trading session of the week ended with a deeper cut as bears squeezed almost 500 points from the benchmark Sensex after India’s inflation, based on the Wholesale Price Index (WPI), surged to a three-year high of 7% in the week ended March 22 as against 6.68% in the previous week.

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Submitted by WorldAmazingNews 40 weeks 7 hours ago
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