Sensex 27458.64 1.06 0%
Nifty 8341.4 -0.75 -0.01%
The index for 'Food Articles' group declined 0.8% due to lower prices of poultry chicken (4%), masur (3%), tea, condiments & spices and jowar (2% each) and arhar, mutton and fish-inland (1% each). However, the prices of egg, gram, urad, ragi and fish-marine (2% each) and wheat and barley (1% each) moved up.
The index for 'Non-Food Articles' group declined 0.4% from the previous week level due to lower prices of flowers and raw cotton (3% each), cotton seed (2%) and raw jute, soyabean and raw silk (1% each). However, the prices of gaur seed (9%), sunflower (7%), copra (3%), fodder (2%) and gingelly seed, groundnut seed, castor seed and niger seed (1% each) moved up.
The index for 'Minerals' group rose 2.1% during the week ended 18 June from previous week level due to higher prices of chromite (12%), magnesite (11%), copper ore (7%), barytes (6%), iron ore (5%) and steatite (2%). However, the prices of zinc concentrate (19%) and sillimanite (8%) declined.
The index for fuel and power group rose 0.2% during the week from previous week level due to higher prices of aviation turbine fuel (3%), naphtha (2%) and furnace oil (1%). However, the prices of bitumen (2%) declined.
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India Infoline Research Team / 15:28, Mar 13, 2015
Markets are now reinforcing the perception of an early interest rate hike by US Federal Reserve, with consensus calling for the hike taking place in June, when compared with the prior expectations of a hike in September.