During the last week, Nifty crossed the 6100 mark and closed up around 1.1 per cent. CPI-based inflation data declined sharply on the back of drop in the prices of vegetables, edible oil and protein-based items. The inflation data stood at 9.39 per cent in April as compared to 10.39 per cent in the month of March and 10.91 per cent in the month of February 2013.

A vendor displays his wares near u00a0Beijing, as official figures showed that China’s economy expanded at its slowest pace in 13 years. Pic/AFP