There has been a slight improvement in the wholesale inflation in October. The Indian stock market recorded an increase after inflation figures came to light. After the decline in initial trading, the Sensex gained 170 points to close at 40 thousand 286 points. At the same time, the Nifty gained 31.65 points (0.27%) to 11,872 points.

Let us also explain you that the wholesale inflation has come down from 0.33 per cent to 0.16 per cent in October as compared to the month of September. A year ago in October, the inflation rate was 5.54 percent. At the same time, retail inflation in the country increased to 4.62 percent from the previous month during October.

Talking about BSE index, Vedanta shares closed down 2.90 percent at the end of trading. Similarly, the shares of IndusInd Bank and Tata Motors also saw a slippage of over 2 per cent. Shares of Airtel, ONGC, Tata Steel, HUL, L&T, Reliance, Kotak Bank, Powergrid also closed on the red mark. If you talk about the rising stocks, ICICI Bank gained 2.67 percent. Similarly, Infosys, Bajaj Finance, Maruti, HDFC Bank, Bajaj Auto, HDFC, Axis Bank, TCS and Mahindra also closed up gains.

SpiceJet rolled 6 percent

Private airline SpiceJet lost about 6 per cent in Thursday's business. Actually, SpiceJet has a loss of Rs 462.58 crore in the September quarter. Giving information about this from SpiceJet, it was said that due to non-flight of Boeing 737 Max aircraft, the company has to bear many kinds of cost burden and losses. Let us know that earlier this year, SpiceJet stopped flights of 13 Max planes after two horrific accidents.