Share Market Indices Slip As Retail Inflation Breaches Upper Tolerance Limit

Indian share market indices including <b>Nifty Bank</b>, Auto, and Realty declined by around one percent as retail inflation surged to 6.09 per cent in October. This marks the first time in two years that inflation has breached the Reserve Bank of India's upper tolerance limit, triggering market concerns over potential <b>monetary tightening</b> and rate hikes in the upcoming policy meeting.