D&B expects CPI inflation to be in the range of 4.6-4.7 per cent and WPI inflation around 3.6-3.8 per cent this month.
The Wholesale Price Index (WPI) based inflation stood at 2.47 per cent in March and 3.85 per cent in April last year.
The benchmark BSE Sensex started on a negative note, shedding over 100 points today, on weak global cues and rupee depreciation against the US dollar.
Markets remained firm during the week despite trade and geo-political tensions. The Nifty gained in all five trading sessions – the first time since November 2017.
After largely bearish trade during the day, the key Indian equity markets closed higher for the eight straight session on Monday as the WPI inflation softened in March.
Prices of 869 formulations, including antibiotics, cancer and cardiovascular disease treatment drugs and two types of coronary stents, have gone up by 3.44 percent.
Bears ruled roost for the third week in row, this time on rising geopolitical concerns on fear of escalating trade war pulled down the key indices.
Inflation based on wholesale prices eased to a 7-month low of 2.48 per cent in February on cheaper food articles, including vegetables.
Trading sentiment in the stock market this week will be guided by key macroeconomic data like Index of Industrial Production (IIP) and inflation, experts said.
The Indian economy is projected to grow at 6.7 percent in the current financial year and 7.5 percent in 2018-19, economic think-tank NCAER said.
Bags EPC packages of Purvanchal Expressway in Uttar pradesh of Rs 1738 Cr
Approved buyback of 29 Lk shares amounting Rs 200.2 Cr
Tamil Nadu Pollution Control Board ordered disconnection of electricity
Disconnection is applicable for copper smelter unit-I at Thoothukudi district
Order requires closure of unit with immediate effect
Thoothukudi copper smelter unit has not been operating since Mar 27
Launched Silver Options, Total Traded Contract Value at Rs 34.36 Cr
Option Positions are physically settled & are European Style Options
Enters into merger talks with NSE For Universal Exchange Framework: Business Standard Reports
R Damani sells 0.8% Stake at Rs 1360.2/Sh
Deal Value at Rs 643 Cr