FPIs sold power sector stocks to the tune of Rs 2,869 crore and Rs 2,952 crore in October and November, respectively after a massive Rs 9,731 crore selloff in September. Although, they re-entered the sector in December to buy shares worth Rs 1,051 crore.
Retail inflation at 6.2 per cent dims early rate cut hopes
India’s retail inflation unexpectedly jumped to a 14-month high of 6.2% in October, driven by soaring vegetable, fruit, and edible oil prices. This surge breaches