The market witnessed a volatile trading session on Thursday, says CNBC-TV18's Udayan Mukherjee. The Nifty moved in a 70-80 point trading range, closing finally around the 5,590 mark, up about 30-odd points.
Food and non-food inflation is declining, Finance Minister Pranab Mukherjee said on Thursday, adding he does not give much credibility to weekly fluctuations in the inflation data.