Unhedged feels only a little reassurance. We thought inflation was all but beaten four months ago, and were wrong; once burnt, and all that. Despite this good report, however you look at it, core ...

IST, the barometer index, the S&P BSE Sensex, added 218.80 points or 0.29% to 76,949.10. The Nifty 50 index rose 75.55 points or 0.33% to 23,288.75.

In the bond market, treasuries moved sharply higher in reaction to the consumer price inflation data. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, plunged ...