Inflation as measured by the annual change in the consumer price index (CPI), was forecast to have fallen to 4.80% in April from 5.66% in March, according to the median view from the May 8-9 Reuters poll of 53 economists.
Mcap of five of top-10 most valued firms erodes by Rs 1 lakh cr; HDFC Bank biggest laggard
The combined market valuation of five of the top-10 most-valued firms eroded by Rs 1 lakh crore last week, with HDFC Bank taking the biggest