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Market Update : 
Industrial Production, Inflation Up
Author: 123jump.com Staff
123jump.com
Last Update: 3:28 PM EDT April 11 2008


Industrial production in India in February increased 8.6% after revised production in January gained 5.8%. The better than expected production data overshadowed the rise in inflation at the end of March. Wholesale inflation increased 7.4% for a year ending in the last week in March, forced the government to remove export incentives for sugar, rice and steel. Sensex edged higher by 0.7% or 112 to 15,807 and CNX Nifty added 0.95% to 4,777.80.

 

 

 

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