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ML sectoral trends

Shares of trading companies advanced 7%. Stocks of education providers and airlines companies were up 6% each. While most of the sectors were up, stocks of office equipment manufacturers fell 6%. Stocks of glass manufacturers and printing and publishers  were down 1%.

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Food Inflation

Combined food inflation was 6.08% for November 2015, compared to 5.34% recorded for October 2015. For rural and urban areas, food inflation was 6% and 6.30%, respectively, in November. Vegetable prices increased by 4% in November compared to those prevailing in November last year. Inflation in fruit prices was 2.07% in November, while pulses were dearer by 46% y-o-y. Inflation for cereals stood at 1.70% and inflation for milk products was 4.03%. Price rise of non-vegetarian items, such as meat and fish, was 5.34% in November compared to 4.85% in October 2015.

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