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Article: Stock market remains unperturbed by rise in inflation.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- May 30, 2008
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Stock market remains unperturbed by rise in inflation
New Delhi, May 30 (PTI) Stock market seem to remain unperturbed by surge in inflation, even though the rise in commodity prices is emerging as a major concern for policy makers and consumers.
The stock market benchmark Sensex today rose nearly 100 points even as the government data released this noon showed inflation hitting a nearly four-year high of 8.1 per cent.
With today's gain stock market has shrugged off inflationary concerns for the seventh time in total nine occasions so far this fiscal, according to a trend analysis of stock market movement and inflation data.
The ...