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What is Inflation?

Inflation not only affects the economy but also has a very huge impact on the stock markets as well. Let's understand what is inflation?

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Multibagger Alert! This small-cap IT stock delivered over 2500% return in 3 years

Over the last three years, the stock has gained a whopping 2531%, growing from ₹34.35 apiece to ₹904 apiece. In the current year so far, the stock has delivered a stellar return of 25%, while the Nifty IT index has fallen by 1.4% during the same period.

The reckoning: Search for the guilty went on

Gould, Fisk and Belden were accused of bribing a treasury official and corrupting the judiciary, but no charges were brought and the matter was dropped from public view. Gould asked Corbin to help him persuade Grant to reverse course on greenbacks, and Corbin arranged a meeting with the president.

Gold plunges ₹470, silver declines ₹420; check rates here

In the overseas market, gold and silver were trading lower at USD 1,967 per ounce and USD 22.39 per ounce, respectively.

Market Wrap: Sensex, Nifty clock healthy gains; investors richer by over a lakh crore

Sensex closed 446 points, or 0.77 percent, higher at 58,074.68 while the Nifty ended at 17,107.50, up 119 points, or 0.70 percent.

Rupee falls 10 paise to 82.66 against US dollar

At the interbank foreign exchange, the domestic unit opened strong at 82.54 against the dollar. During the day, it went as high as 82.53 and hit the lowest level of 82.70. It finally settled at 82.66 (provisional) against the American currency, registering a fall of 10 paise against its previous close.

What is Inflation?

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