Posted 11/13/2023, 5:02:14 AM
Indian Stocks Fall as IT and Financials Drag; Inflation Data Eyed
- Indian blue-chip shares fell on Monday, dragged by IT and financial stocks.
- Investors awaited domestic retail inflation data for October.
- Benchmarks Nifty 50 and Sensex hit 3-week highs in Sunday's special trading session.
- High weightage IT and financials lost over 0.5% each.
- Analysts said the drop in equities is a technical pullback after Sunday's rise.
- India's retail inflation data for October is due after market hours on Monday.