What’s not
Farm and farm input companies were punished. Excel Crop Care, Madras Fertilizers, Zuari Agro Chemicals and Southern Petrochemical Industries Corporation declined 16%, 12%, 10% and 9%, respectively.
 

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Food Inflation

Combined food inflation stood at 5.06% for December 2014, compared to 3.64% recorded for November 2014. For rural and urban areas, food inflation was 4.89% and 5.43%, respectively, in December. Inflation in vegetable prices was seen at 0.58% in December, compared to a deflation of 11% in November. Inflation in fruit prices was 14.84% in December, while pulses were dearer by 7.24% year-on-year. Inflation for cereals stood at 3.98% and inflation for milk products was 9.62%. The price rise of non-vegetarian items, such as eggs, meat and fish, was 5.24% in December compared to 6.41% in November 2014. 

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