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Shares of paints companies, plastics companies and steel companies advanced 8% each, while shares of real estate companies and refinery companies ended flat. Stocks of software & IT services companies declined 2% and stocks of pharmaceutical companies fell 1%



Food Inflation

Combined food inflation stood at 8.63% for February 2014, down from 9.87% for January 2014. For rural and urban areas, food inflation was 9.25% and 7.16%, respectively, in February 2014. Inflation in vegetable prices declined to 14.04% in February compared to 21.75% in January. Inflation in fruit prices remained steady, around 15.50% in February, while pulses were dearer by 3.48% y-o-y. Inflation for cereals stood at 9.93% and inflation for milk products was 10.37%. The price rise of non-vegetarian items, such as eggs, meat and fish, was 9.69% in February compared to 11.62% in January 2014.

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