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Indian benchmarks extend rally as retail inflation dips to 0.25% and global cues strengthen
Indian markets advanced as retail inflation hit 0.
India’s stock markets broadened their gains on November 13, as retail inflation dropped to 0.25% in October, the lowest in two decades, while global optimism improved with signs of a U.S. government reopening and trade dialogue. The Nifty 50 futures pointed to an opening above 25,950 as both domestic and overseas investors ramped up risk-taking. The SENSEX climbed 595 points in prior session, extending the three-day rally and bringing indices within 2% of their September 2024 highs.
Markets remain sensitive to any policy reversal risks.