The market is trading flat noticed a marginal increase in Nifty and Sensex and 5000 on the 18,000 level. Realty and IT shares concentrated, while oil and gas and electricity, witnessed a marginal gain. Both Sensex and Nifty traded at 24-month high.
Inflation in food prices retreated for the second consecutive week, even when inflation in primary articles and fuel group remained unchanged at a high level. Inflation for food articles group was 9.53% the week ending July 24 at 9.67% last week. Inflation in this group was 14.58% week ended July 25, 2009. WPI for food articles group declined by 0.2% to 298.7.
12:50 P.M Sensex was trading 28.52 points or 0.16% to 18,245.96 for the purchase of 13 shares.Meanwhile, Nifty trading 5.10 higher at 5472.95 points, or 0.09% of the purchase of 21 shares.
The 30-share benchmark index, BSE Sensex opened flat with the increase of 17.41 points or 0.10% at 18,234.85 while the NSE Nifty opened wide on 26.50 points, or 0.48% fall, but 5441.35.
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