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Markets: Sensex slides on oil, inflation |
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The BSE Sensex opened at 17,687 points on Monday last and ended the week at 16737, registering a loss of 950 points. During the week, it touched a high of 17,735 points and a low of 16,679 points.
Inflation rose to 42-month high of 7.61 per cent for the week ended April 26 as against 7.57 per cent in the previous week on account of rising food prices and some manufactured products.
Besides, crude oil rose above $125 on Friday last due to sharp demand for diesel
amid concern over supplies. ...
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