Economic dataBusiness Standard
Nifty Bank Auto Realty skid 1% as inflation stokes RBI rate hike fears
Negative-34
GreyOak summary
This development has raised concerns regarding potential monetary tightening by the central bank in its upcoming December policy meeting. Experts predict further rate hikes as inflation is expected to remain elevated.
What it affects
- NIFTY BANKNegative -34
Slipped 0.91% as inflation fears grew.Rolling sentiment Negative -20
- AutoNegative -34
Worst performer, down 1.17%.Rolling sentiment Positive +24
- CPI inflationNegative -34
Surged to 6.09% in October.Rolling sentiment Negative -65
- RBI policy rate and stanceNegative -34
Hike fears rise for December.Rolling sentiment Negative -44
- RBI regulationNegative -34
Inflation breached 6% upper limit.Rolling sentiment Positive +32
- Real EstateNegative -17
Index declined 0.81%.Rolling sentiment Neutral -8
