The core retail inflation is on an upward trend due to the rising fuel price scenario. The retail CPI inflation (consumer price index) stood at 4.87 per cent for the month of May, touching a 5-month high mark.

The PAT for the quarter came in at Rs. 3,612 crore, yoy increase of 3.7 per cent but declined marginally by 2.1 per cent on a sequential basis.

Sensex opened higher and hit above its previous day’s high which was an all-time high made after January 29, 2018, but could not sustain and closed flat. However, there were 5 stocks which hit 52-week high levels in Monday’s trade and closed in green.

Arbitrage funds have witnessed significant outflows in the month of June. AMFI data showed that Rs. 1,423 crore were pulled out from arbitrage funds, which is the largest outflow from the category in the current financial year.

After hitting all-time high levels, Nifty FMCG index witnessed profit booking in Friday’s trade, registering more than 1 per cent loss. The index had formed a kind of Bearish Engulfing pattern which if confirmed on Monday’s trade can give some more downside in the sessions to come.

Maharashtra government has allowed movie-goers to carry their own food to theatres starting from next month onwards. The multiplexes charge exorbitant prices for food sold at their premises, which form significant part of their revenue.

There is a lot of myth around Friday 13th that it is not good for the stock market. Read on to know the reasons for such a myth and if it really is the case.

Following stocks are close to their 52-week low as at 12.52 p.m. on July 13, 2018.

The markets on July 13, 2018 opened gap up. BSE Sensex is trading at 36,629.75, up by 81.34 points and the Nifty is trading at 11,038.30, up by 15.10 points. 

IT sector that is trading marginally up by 0.5 per cent has resisted correction in the benchmark indices. Gains of 1.6 per cent plus in Infy and Wipro, with Infibeam as top gainer at 1.9 per cent gains have kept the IT index going upwards in an otherwise subdued trading day.