Profit This Week: Inflation down, market up, power sector gets relief
The Sensex rose 540 points or 3 per cent and the Nifty added 183 points this week. January Inflation came in at a 26-month low at 6.5 per cent. Also, the Prime Minister's Office (PMO) directed Coal India to sign fuel supply agreements with power producers to ensure 80 per cent supply for next 20 years. Meanwhile, the government announced the much awaited new telecom policy.
