Shares of office equipment companies and auto components companies advanced 8% each, while shares of sugar companies rose 7%. Stocks of petrochemicals companies declined 8% and stocks of oil & gas companies fell 5%. Stocks of steel companies fell 4%. Stocks of oil & gas services companies and refineries fell 3% each.
Combined inflation for urban and rural areas eased from 6.46% in September 2014 to 5.52% in October 2014, continuing the downward trend. Inflation in urban areas eased to 5.55% in October from 6.34% in September. Food inflation in urban areas eased to 5.58% in October from 7.60% in September. Price of vegetables in urban areas, surprisingly, declined by 6.23% year-on-year. Inflation related to fuel & power declined to 2.38% in October. Inflation for housing remained at around 8%. Inflation for clothing declined to 6% and miscellaneous items increased to 4.45% in October.