Mumbai (Maharashtra) [India], Apr. 16 (ANI): Following the announcement of wholesale price inflation numbers, the market indices ended marginally higher on Monday.
Shares of Cipla, Grasim Industries and UPL rallied up to 5 percent, while those of Wipro, SBI, Tech Mahindra and Bharti Airtel traded under pressure.
Furthermore, Infosys ended with a loss of 3 percent after lowering EBIT margin guidance for FY19, reported Moneycontrol.
Meanwhile, the buildup inflation rate in the financial year so far was 2.47 percent, compared to a build-up rate of 5.11 percent in the corresponding period of the previous year, the Ministry of Commerce and Industry revealed on Monday. (ANI)