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Stock Market News

Nifty slips below 11,100-mark; Marico, Jubilant Food stocks gain

India Infoline News Service / 14:47, Aug 19, 2019

The Nifty FMCG is trading higher by 111 points led by Jubilant Food, Godrej Consumer Products, Dabur and Marico.

Economy News

July WPI inflation at 1.08%; Primary articles index up 0.5% MoM

India Infoline News Service / 12:12, Aug 14, 2019

The rate of inflation based on WPI Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Products’ from Manufactured Products group decreased from 5.04% in June, 2019 to 4.54% in July, 2019.

Global News

European stocks rise tracking Asian markets as China plans to ease borrowing costs

India Infoline News Service / 16:00, Aug 19, 2019

The markets witnessed three weeks of fall in stocks and bonds. Traders will not now turn their attention to Fed Chairman Jerome Powell’s address planned at the Kansas Fed’s annual Jackson Hole gathering on Friday, which will indicate if the US will further cut interest rates.

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