Shares of real-estate companies, telecom equipment companies and banks advanced 18%, 11% and 10%, respectively. Stocks of pharma companies and software & IT services companies declined 5% each, while stocks of healthcare companies fell 4%. Stocks of packaging companies dipped 1%.
Combined inflation for urban and rural areas eased further to 8.1% in February 2014, from 8.8% in January 2014.
Inflation in urban areas fell to 7.55% in February from 8.09% in January. Food inflation in urban areas eased marginally to 7.16% in February from 7.55% in January 2014. Inflation for vegetables in urban areas fell to 7.36% in February from around 15% in January 2014.
Inflation related to fuel & power declined to 5.4% in February from 6.5% in January 2014. Inflation for housing stood at 9.88%. Inflation for clothing and miscellaneous items remained unchanged at 8% and 7%, respectively.