In March, Consumer Price Index (CPI) inflation eased to 3.3%, while Wholesale Price Index (WPI) inflation declined to 2.1%. This sharp sequential drop in headline CPI inflation was mainly driven by lower food prices.
Aditi Nayar, Chief Economist at ICRA, noted that rising temperatures could push up prices of perishables in the coming weeks. Although the initial above-normal monsoon forecast is positive, its timing and distribution will be crucial for agricultural output and food inflation.
This week, the primary market is quiet, with no new IPOs scheduled on either the mainboard or the SME segments. However, two companies are set for listing after four made their debut last week.
The mainboard IPO segment has no new launches this week, but the SME segment remains active. Three SME IPOs are currently ongoing, and three companies will make their market debut, following four listings last week.
In February, Consumer Price Index (CPI) inflation eased to 3.6%, while Wholesale Price Index (WPI) inflation ticked up to 2.4%. The Manufacturing Purchasing Managers' Index (PMI) decreased compared to the previous month, while Services PMI witnessed a surge.
The unemployment rate rose in February. Foreign institutional investments (FII) and and mutual funds (MF) witnessed outflows during the month. Crude oil prices declined on a MoM basis in February.
The mainboard IPO market will stay inactive for the fourth consecutive week. Four IPOs will open in the SME segment this week, and one is scheduled for listing, following three debuts last week.
The mainboard IPO market will remain inactive for the third straight week. Activity in the SME segment is also slowing, with only one IPO set to open next week. Three IPOs are set for listing this week, while three others made their debut last week.
In January 2025, Consumer Price Index (CPI) inflation eased to 4.3%, while Wholesale Price Index (WPI) inflation ticked down to 2.3%. The Manufacturing Purchasing Managers' Index (PMI) increased compared to the previous month, while services PMI witnessed a decline.
The unemployment rate rose marginally in January 2025. Foreign Institutional Investment (FII) and and mutual funds (MF) witnessed outflows during the month. Crude oil prices rose on a MoM basis in January 2025.