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Indian economy struggled for the last 5 years & impacted the overall project of India. Post NDA government at the center and subsequent slew of policy reform inflicted positive waves within the economy. The stringent control on black money movement and management forced many businesses to release the hoarded corps which impacted the CPI, WPI.

Indian rupee has opened at 63.97 against per dollar with 3 paise gains on Thursday morning. Inflation (decrease in the value) bases on wholesale price Index (WPI) for April is expected at -2.07 percent as against -2.33 percent in March. Manufactured product inflation, at 68 month low in March, indicated low pricing power of manufacturers.

GST slab release impacted sensex today. The slab of 12% & 18% is clever move by the government to increase taxes on the services. It is expected that sensex will be under pressure till the time fine blue print don't come out as the slab rates are higher than expected.