Inflation for the month of May rose a higher-than-expected 9.06% as against 8.66% on a month on month basis (MoM). Inflation, as measured by the Wholesale Price Index (WPI), stood at 8.66% in April. It stood at 10.48% in May, 2010.
N Sethuram, CIO of Daiwa Mutual Funds, in an interview with CNBC-TV18 gave his reading of the market post inflation numbers and his outlook on how sector-specific stocks would play out ahead of the monetary policy. Below is a verbatim transcript of his interview with CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
