The price of dividend-paying stocks is influenced or impacted by inflation same as the way bonds are affected by interest rates. When inflation rises, income stock prices generally fall.
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However, Shares react positively with this development. Motherson Sumi System’s share price quotes at Rs. 168 up by 3.90 percent on NSE during mid-market trade, Friday.
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The market staged a good recovery from their sluggish opening as investors hold their focus ahead of the final results of the state assembly elections results
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MCX Gold futures are quoting trading at Rs 30,950 per 10 grams, up 0.20 percent on the day.
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