Intra-Day - Daily Indian Stock market opening bell(13-04-12) in Equity / Stocks - IT bellwether Infosys' Q4 March 2012 results today, 13 April 2012 will set the tone for the market. Trading of ...
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04-13-2012 10:16 AM
Daily Indian Stock market opening bell(13-04-12)
IT bellwether Infosys' Q4 March 2012 results today, 13 April 2012 will set the tone for the market. Trading of S&P CNX Nifty futures on the Singapore stock exchange indicates a gain of 46.50 points at the opening bell. Asian stocks gained.
The government will unveil data on inflation based on the wholesale price index (WPI) for March 2012 today, 13 April 2012. Inflation based on the wholesale price index (WPI) is estimated at 6.7% in March 2012, according to median estimate of a poll of economists carried out by Capital Market. WPI inflation stood at 6.95% (provisional) for the month of February 2012.
Amid a volatile trading session, key benchmark indices managed to edge higher on Thursday, 12 April 2012 on speculation that the Reserve Bank of India (RBI) will cut its key policy rate at its monetary policy review early next week to spur economic growth after the latest data showed that industrial production grew by lower-than-expected 4.1% in February 2012. The BSE Sensex rose 133.22 points or 0.77% to 17,332.62, its highest closing level since 4 April 2012.
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