Is the sleep market with inflation?
In May, retail inflation mold came at 6.30 percent, much higher than 4.23 percent April. Wholesale inflation also saw a strong increase in May, coming at 12.94 percent against 10.94 percent in April.
Increasing inflation has been marked as one of the greatest concerns faced by the equity market by many analysts and market participants lately.
"Increasing inflation is a major concern for the market. Print CPI inflation to be able to show that inflation can exceed RBI's target except reverse in June and July. Increased inflation can limit accommodative monetary policy pro-growth of RBI," VIJYAKUMAR's VK in Geojit Financial Services.
Shankar Sharma, VC and MD together the first global, told MoneyControl a few days ago that inflation and hardening of the results of the bonds produced was the b...