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Market Update : 
Sensex Up, Inflation Above 5%
Author: Elena Todorova
123jump.com
Last Update: 10:46 AM EDT September 08 2006



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The Sensex advanced for a second straight week in September helped by sustained foreign funds inflow and oil prices plunging to a 5-month low. The sinking price of oil supported auto, refinery and energy stocks. Reliance Communications led the advancers, with Maruti, Hero Honda and Hindalco also gaining. HDFC and ICICI Bank led the decliners. The wholesale price index rose to 5.01%.

 

 

 

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