Sensex falls 318 points as markets end three-day rally
In short
Sensex and Nifty fell on Friday, ending a three-day rally. Sensex lost 318 points and Nifty slipped below 25,150 after retail inflation rose to 6.09% in October.
What the reporting says
Sensex and Nifty ended lower on Friday, snapping a three-day rally as investors reacted to expectations of an RBI policy rate hike next month. The fall came after retail inflation surged to 6.09% in October, according to the cited market summary. Sensex dropped 318 points, and Nifty slipped below 25,150.
Why it matters
Sensex and Nifty ended lower on Friday, snapping a three-day rally after retail inflation rose to 6.09% in October and markets priced in a possible RBI policy rate hike next month. Sensex dropped 318 points and Nifty slipped below 25,150. The move matters for equity investors and rate-sensitive sectors because higher inflation can change expectations for monetary policy.