Key Points
BENGALURU, Dec 13 (Reuters) - India's benchmark Nifty 50 is set to open higher on Wednesday, as the focus turns to the U.S. Federal Reserve's policy decision, while domestic and U.S. data re-ignited inflation concerns and elevated bets of delay in rate cuts...
India's GIFT Nifty was down 0.02% from its overnight close at 21,067, as of 8:15 a.m..
India's retail inflation in November rose at its fastest pace in three months at 5.55% due to higher food prices, but stayed below the Reuters forecast of 5.70%...
Inflation concerns in the U.S. re-emerged after data showed the Consumer Price Index (CPI) unexpectedly inched higher in November month-on-month, but edged lower on an annual basis..
Energy stocks will be in focus again in Wednesday's session as Brent crude futures fell over 3% on Tuesday, falling to a six-month low on U.S. inflation data, adding to demand worries and persistent concerns of oversupply...
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