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.
Among sectoral watch, Nifty Realty went up 3.46% with Prestige Estates gained 9.93%, Indiabulls Real Estate added 5.57%, Phoenix Mills up 5.12% and Oberoi Realty rose 5.09% as top constituents. Further, Nifty Commodities added 2.55% while Nifty Pharma gained 2.51% on the weekend. Trading Call for 17-September.