Stocks of non-ferrous metals companies, farm & farm inputs companies, printing & publishing companies and retail companies advanced 11%, 9%, 9% and 9%, respectively. Sugar companies’ stocks ended flat and stocks of shipping companies and airlines companies rose 1% each.
Combined inflation for urban and rural areas fell marginally, to 4.83% in March 2016, from 5.26% in February 2016. Inflation in urban areas fell to 3.95% in March, from 4.30% in February. Food inflation in urban areas fell to 3.98% in March, from 4.23% in February. In urban areas, prices of vegetables declined by 2.51% since last year. Inflation related to fuel & power decreased to 0.35% in March, from 1.75% in February. Inflation for housing increased to 5.31%. Inflation for clothing hovered around 4%; for miscellaneous items, it declined to 3.08% in March from 3.53% in February.