https://www.taxtmi.com/news?id=33865 A better than expected decline in consumer price inflation to a five month low triggered an early rebound in equity benchmarks, with lower food prices cited as the primary driver. The inflation softening is presented as justification for imminent Monetary Policy Committee rate cuts and a potential further easing, supporting value buying and gains in rate sensitive and selected blue chip stocks, while persistent Foreign Institutional Investor selling and mixed global cues continue to exert downward pressure. en-us Thu, 13 Feb 2025 10:16:03 +0530 Thu, 13 Feb 2025 10:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33865 A better than expected decline in consumer price inflation to a five month low triggered an early rebound in equity benchmarks, with lower food prices cited as the primary driver. The inflation softening is presented as justification for imminent Monetary Policy Committee rate cuts and a potential further easing, supporting value buying and gains in rate sensitive and selected blue chip stocks, while persistent Foreign Institutional Investor selling and mixed global cues continue to exert downward pressure. News - Thu, 13 Feb 2025 10:16:03 +0530 https://www.taxtmi.com/news?id=33865