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An 80-point gap-up opening seen for Nifty - The Hindu BusinessLine

February 15, 2021
Positive consumer price index data, index of industrial production will boost market sentiment: Analysts
Nifty50 index is likely to open with a gap of 80 points gains on Monday, as trends emerge on SGX Nifty. The SGX Nifty is ruling at 15,240 against Nifty50 February futures’ Friday close of 15,161.
Positive consumer price index data and index of industrial production will also boost market sentiment, said analysts. The IIP is also giving broad indications of a rebound in economic activity with the reading for December 20 at 1 per cent against negative 2.10 per cent for November 20. What is significant is the pick-up in both consumer durables and non-durables as also infra goods. ....

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Retail inflation for farm, rural workers eases in December on lower food prices

Retail inflation for farm and rural workers eased to 3.25 per cent and 3.34 per cent, respectively, in December, mainly due to lower prices of certain food items. ....

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