Thursday, August 28, 2008

Market dull ahead of F&O settlement, inflation

Equities were in a narrow range with negative bias on Thursday ahead of settlement of futures and options expiry for August series and inflation data for the week ended August 16.

Annual inflation rate is expected to have risen to 12.82 per cent during week ended August 16 against 12.63 per cent a week ago.

Interest sensitive sectors like realty and bankex were down but some bottom fishing was seen in auto stocks.

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