WPI in March 2023 rose 1.34% which was the lowest since October 2020, when it was at 1.31%.
Source: PIB
The broader market indices were mixed; S&P BSE MidCap Index was up by 0.14%, whereas S&P BSE SmallCap Index was lower by 0.03%.
Eight out of the 19 sectors compiled by BSE declined, while the other 11 sectors declined in trade.
The market breadth was skewed in the favour of sellers. About 1,583 stocks rose 1,806 declined, and 164 remained unchanged on the BSE.
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At pre-open, the S&P BSE Sensex Index was down 45 points or 0.07% at 60,358.90 while the NSE Nifty 50 Index was higher by 35 points or 0.20% at 17,863.
Source: Bloomberg
The yield on the 10-year bond opened flat at 7.23% on Monday.
Source: Bloomberg
The local currency weakened about 4 paise to open at 81.90 against the greenback on Monday.
The rupee closed at 81.86 on Thursday.
Source: Bloomberg
Have submitted applications to SEBI relating to promoter change and mutual fund orders.
Have also gone to IRDAI for necessary approvals.
Have to still go back to RBI for the final nod.
Source: HDFC Bank analyst call
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