“Even if inflation is at 5.1%, food inflation is at 30%. For someone spending 50% of their income on food, that 30% food inflation is hitting them significantly harder despite government programmes like PM Gareeb Kalyan Yojana providing some relief,” Basu said at a Delhi School of Economics event to mark its 75 years of existence.
Positive Breakout: These 6 stocks cross above their 200 DMAs
In the NSE large-cap pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on April 11, according to stockedge.com’s technical scan