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Foreign institutional investors (FII) sold shares worth Rs 1,047.19 crore, while domestic institutional investors (DII) bought Rs 259.48 crore worth of stocks on September 12, provisional data from the National Stock Exchange (NSE) showed.
The fall in India's headline retail inflation comes after it rose far more than expected in July to a 15-month high of 7.44 percent
In June, industrial growth - as measured by the Index of Industrial Production - had come in at 3.8 percent
August 2023 Auto Sales: Passenger vehicle sales in India reached a new monthly record in August, driven by SUV launches and increased production ahead of the festive season. Automakers dispatched 3,68,897 units in August, an increase of 12.8% compared to the previous year. This marks the eighth consecutive month with car dispatches exceeding 3,00,000 units, as buyers continue to purchase new models amid strong economic growth.
The next two reading of the inflation is likely to remain above the upper tolerance band of 6 percent of the Reserve Bank of India (RBI), Bhardwaj said.