The talk on the street is that the government seems to have accidentally found a solution to raging food price inflation. The National Spot Exchange Ltd has said it would liquidate commodity stocks worth over Rs 6,000 crore if the payment crisis persists. Brokers say if these stocks flood the market, prices will come down drastically. "How much can people hoard against such supply? Also, the rains are good this time. So, fresh supply will also come in. All in all, we can finally kill the ghost of inflation, which is good for the stock market," a broker joked.
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