Tag «Nifty on reverse gear»

12th March, 2013 : CPI accelerates, Sensex, Nifty on reverse gear

After taking a pause in the previous trading session, markets further weakened and lost grip on Tuesday as the benchmark indices witnessed selling. Market participants reacted sharply to rising Consumer Price data and entirely ignored better than estimated IIP figures. The annual inflation CPI (Combined) for February 2013 on point to point basis (February 2013 …