Stocks of auto components companies, airlines companies and transport & logistics companies advanced 11% each, while stocks of refinery companies ended flat. Shares of cement companies, oil & gas companies and telecom service companies rose 1% each. Stocks of plastic companies advanced 10%.
Combined food inflation stood at 9.29% for May 2014, marginally lower from 9.64% for April 2014. For rural and urban areas, food inflation was 10.02% and 7.94%, respectively, in May 2014. Inflation in vegetable prices was lower, at 15.27% in May 2014, compared to 17.66% in April 2014. Inflation in fruit prices was 23.17% in May 2014, while pulses were dearer by 5.37% year-on-year. Inflation for cereals stood at 8.81% and inflation for milk products was 11.28% in May 2014. The price rise of non-vegetarian items, such as eggs, meat and fish, was 10.11% in May 2014 compared to 9.26% in April 2014.