Tag «shed gains»

Inflation rises; Sensex, Nifty shed all their gains

16th September, 2013 : Comments by Amar Ambani, Head of Research, India Infoline After a strong start, the Indian equity market ended in the red erasing all its early gains after the WPI inflation rose at the fastest pace for six months in August, driven by an 18% jump in food prices. The inflation surged …