Weekly Recap: Markets see muted week after last week's rally

Let us take a glimpse into what happened in markets over this week.

Feb 15, 2020 05:02 IST India Infoline News Service

NSE Building
Markets witnessed a muted week over the budget setback after rallying last week. The Nifty ended with a weekly gain of just 0.11%, whereas Bank Nifty ended 1.10% lower.

The January wholesale inflation rose to 2.76% up from 2.59%  in December on the back of a sharp rise in inflation of fuel and manufactured items.

India’s Retail inflation in January rose to a six-year high to 7.59% thanks to staggering rural inflation, which stood at 7.73% up from 7.23% a month earlier.

Index for Industrial Production (IIP) contracted 0.3% in the month of December after IIP data came in positive for the month of November for the first time in three months.

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