GIFT Nifty signals weak start; inflation breaches RBI's 6% upper limit
Mumbai, Nov. 13 -- GIFT Nifty:
GIFT Nifty November 2026 futures fell 64 points, pointing to a negative opening for the Nifty 50.
Economy:
India's retail inflation accelerated to 6.09% in October 2026 from 5.54% in September, breaching the Reserve Bank of India's 6% upper tolerance limit for the first time under the current CPI series. Food inflation climbed to 8.94% from 7.74%, driven by higher prices of essentials such as onions, garlic and ginger.
Institutional Flows:
Foreign portfolio investors (FPIs) bought shares worth Rs 7,830.60 crore, while domestic institutional investors (DIIs) were net sellers of Rs 6,331.17 crore in the Indian equity market 12 November 2026, according to provisional data.
FPIs bought shares worth Rs 74,8...
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