Key Points
BENGALURU, July 13 (Reuters) - Indian shares are set to open little changed on Thursday on caution after higher-than-expected domestic inflation offset optimism from moderation in U.S. inflation and as June quarter earnings trickle in...
Retail inflation for June rose to 4.81%, after easing for four months in a row, as food prices surged, according to official data released post market hours on Wednesday...
Analysts cautioned that inflation could rise further in the coming months as vegetable prices are likely to surge due to the erratic and incessant rainfall in northern India...
While traders expect a 25 basis-point rate hike by the Federal Reserve on July 26, the modest rise in June inflation could persuade the U.S. central bank to draw the monetary policy tightening cycle to a close...
Foreign institutional investors sold 12.42 billion rupees ($151.36 million) worth of Indian equities on a net basis on Wednesday, while domestic investors bought 4.37 billion rupees of shares, as per provisional NSE data...
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