Invest in the best stock opportunities right now and every-time.
Start Systematic Stock Investing ...in less than a minute.
Worth Seeing!
Invest in Cases Systematically - Every stock is handpicked
Start Buying Now
Start Buying Now
India’s retail inflation based on Consumer Price Index (CPI) surged to a more than three-year high of 5.54% in November as compared to 4.62% in October, and 2.33% in November 2018. The spike in inflation was mainly due to costlier food products like vegetables, pulses and protein-rich items. It is also over the Reserve Bank of India’s (RBI) medium-term target of 4%. The previous high was in July 2016, when the CPI-based inflation stood at 6.07%. Besides, inflation in the food basket, which is a gauge to measure changes in kitchen budgets, jumped to 10.01% in November. This compares with 7.89% October and (-) 2.61% in the year ago-month.
As per the data of the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation, the CPI (Rural, Urban, Combined) on Base 2012=100 for November 2019, stood at 5.27%, 5.76% and 5.54%, respectively, compared to 1.71%, 3.12% and 2.33%, respectively in November 2018. The index value of CPI for combined stood at 148.6. The data also showed that consumer food price index (CFPI) for all India Rural and Urban for November 2019 stood at 8.83% and 12.26%, respectively, compared to -2.40% and -3.04%, respectively in November 2018. The index value of CFPI for combined stood at 151.6 for the month of November.
Within the food items, the inflation for vegetables shot up to 35.99%, as against 26.10% in October. Inflation in cereals and products was 3.71%, pulses and products at 13.94% and milk and products at 3.46%. Further, the inflation also moved up for oils and fats 2.64%, spices 4.33% and sugar and confectionery 2.06%. However, the inflation eased for fruits 3.29%, prepared meals, snacks, sweets etc 1.94%, non-alcoholic beverages 1.35%, meat and fish 9.38% and egg 6.20% in November 2019. The inflation for housing eased marginally to 4.49%. The inflation for clothing and footwear eased to 1.30%, while the CPI inflation of fuel and light moved up to (-) 1.93% in November 2019.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
