coin-img-ETHETH-2.39%coin-img-BTCBTC-2.62%coin-img-SOLSOL-6.32%coin-img-XRPXRP-4.54%coin-img-VTAIVTAI-60.74%coin-img-USDCUSDC+0.00%coin-img-SUISUI-3.87%coin-img-HYPEHYPE-3.30%coin-img-ETHETH-2.39%coin-img-BTCBTC-2.62%coin-img-SOLSOL-6.32%coin-img-XRPXRP-4.54%coin-img-VTAIVTAI-60.74%coin-img-USDCUSDC+0.00%coin-img-SUISUI-3.87%coin-img-HYPEHYPE-3.30%coin-img-ETHETH-2.39%coin-img-BTCBTC-2.62%coin-img-SOLSOL-6.32%coin-img-XRPXRP-4.54%coin-img-VTAIVTAI-60.74%coin-img-USDCUSDC+0.00%coin-img-SUISUI-3.87%coin-img-HYPEHYPE-3.30%coin-img-ETHETH-2.39%coin-img-BTCBTC-2.62%coin-img-SOLSOL-6.32%coin-img-XRPXRP-4.54%coin-img-VTAIVTAI-60.74%coin-img-USDCUSDC+0.00%coin-img-SUISUI-3.87%coin-img-HYPEHYPE-3.30%
user-avatar
The Economic Times

Sensex and Nifty End Three-Day Rally as Brent Crude Nears $95.5 and October Retail Inflation Hits 6.09%

AI Market Summary
Indian October CPI at 6.09% breached the RBI 6% tolerance band for the first time in two years, undermining rate-cut expectations and pressuring Sensex and Nifty. Simultaneously, Brent near $95.5 on attacks on Saudi infrastructure and Strait of Hormuz shipping risks adds an imported-inflation shock. The combination is risk-off for Indian equities and raises the oil risk premium, with broad spillover to energy-sensitive assets.
Impact level
● High
Affected assets
NCCO1OILBRENT2USD/USDT+0.10%
AI Insight · NCCO1OILBRENT2USD/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
India's retail inflation reached 6.09% in October, breaching the Reserve Bank of India's 6% upper tolerance limit for the first time in two years. The BSE Sensex fell 0.39%. The NSE Nifty50 dropped 0.61%.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Stock Index

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.