Sensex, Nifty snap rally on inflation surge, RBI rate hike anticipation
· rediff.com
Indian benchmark indices Sensex and Nifty closed lower, snapping a three-day rally, as retail inflation surged to 6.09 per cent in October, breaching the RBI's upper tolerance limit and prompting economists to anticipate a policy rate hike next month.
Indian benchmark indices Sensex and Nifty experienced a significant decline, snapping a three-day rally, as retail inflation surged to 6.09 per cent in October,...