Before we discuss the retail markets, the Indian stock market has been steadily falling since the Reserve Bank of India raised the repo rate by 0.25 percent in its latest monetary policy announcement to combat inflation. Now, in the real markets, festivals are when traders seek to maximize their annual earnings by selling as much.
New Delhi: India’s retail inflation stood at 3.93 per cent in May, remaining below the Reserve Bank of India’s medium-term target of 4 per cent, according to provisional data released by the Ministry of Statistics and Programme Implementation on Friday. Inflation rises slightly from April levels However, it slightly inches up from 3.48 per cent.
