Indian Stock Markets Fall In Early Trade After Three Day Rally

Indian equity benchmark indices slumped in early trade following a three-day rally, as the <b>BSE Sensex</b> tumbled 460 points to 81,441.17. Meanwhile, the 50-share NSE Nifty declined 179.05 points to 25,119.50 amid profit-taking and cautious investor sentiment. The market downturn was driven by expectations of a policy rate hike by the Reserve Bank of India next month. This anticipation follows retail inflation surging to 6.09% in October, successfully breaching the central bank's upper tolerance limit for the first time in two years.