Nifty ends flat on Wednesday
India, Jan. 13 -- After altering between green and red zone, Nifty finished the Wednesday's trade on flat note. Market made positive start, as government data showed that Consumer Price Index (CPI)-based inflation eased to 4.59 per cent in December 2020 compared to 6.93 per cent in November. Food inflation declined to 3.41 per cent in December, compared to 9.5 per cent in the previous month. Further, market erased its gains to trade volatile, as State Bank of India's (SBI) Ecowrap report has said India's fiscal deficit in the current financial year (FY21) is likely to reach 7.4 per cent of the GDP on the back of enhanced government expenditure amid the pandemic. The report noted that as per the first advanced estimate of the GDP, real GDP w...
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