WPI data came @ 7.52% at 12:08 Pm and after that Bank Nifty Future Dec Expiry became down up to 11386.05 till 12:09 Pm within a minute from 11456.85. Before coming the data there were 6 Hanging Man Pattern on the intraday chart which was showing selling technically.
See the Intraday Chart of Bank Nifty Future Dec Expiry which shows the trend also :-
See the Intraday Chart of Bank Nifty Future Dec Expiry which shows the trend also :-
The official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05 = 100) for the month of November, 2013 rose by 0.7 percent to 181.5 (provisional) from 180.3 (provisional) for the previous month.
INFLATION
The annual rate of inflation, based on monthly WPI, stood at 7.52% (provisional) for the month of November, 2013 (over November, 2012) as compared to 7.00% (provisional) for the previous month and 7.24% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 6.70% compared to a build up rate of 4.84% in the corresponding period of the previous year
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