NATIONAL Stocks recover initial losses, Sensex up 71 pts Stocks recovered their initial losses and select blue-chips even posted handsome gains lifting the Sensex by 71 points at close at the Bombay Stock Exchange (BSE) today on late short-covering by operators and fresh purchases by Foreign Institutional Investors (FIIs).
Inflation crosses 5.0 pc mark first time this fiscal Inflation pierced the five per cent mark for the first time this fiscal for the week ended May 22 mainly due to a whopping nine per cent rise in prices of vegetables and a moderate hike in the prices of other commodities like wheat, eggs and sugar.