The inflation target could be tweaked to accommodate the government's higher borrowing plan of Rs 12 lakh crore in 2021-22

IndusInd Bank, ICICI Bank, HDFC Bank, Kotak Bank and Bharti Airtel were among the top gainers today. Indian Oil, NTPC, ONGC, Tata Steel, Grasim Industries, Coal India and M&M were top losers on Sensex

The increase in WPI inflation came on the back of rise in manufactured products' prices, negating decline prices for primary articles, fuel and power, and food items

Stock Market News Updates Today: Airtel, HDFC twins, ICICI Bank, Kotak Mahindra Bank, Infosys, IndusInd Bank and Axis Bank were trading among the top gainers. Today, Sensex hit a record high of 52,235 and Nifty hit a lifetime high of 15,340

Inflation in food basket almost halved to 1.89 per cent in January as compared to 3.41 per cent recorded in December on the back of 15.84 per cent decline in vegetable prices

Stock Market News Updates Today: Earlier today, Sensex hit a record high of 51,804 and Nifty hit a lifetime high of 15,243

On the positive side, BofA Securities said credit demand is bottoming out and the real lending rates adjusted for wholesale price inflation are falling

Rate of inflation based on WPI Food Index decreased from 4.27 per cent in November 2020, to 0.92 per cent in December 2020; retail inflation also dropped sharply to 4.59 per cent in December, mainly due to declining food prices

On Sensex , Infosys, HCL Tech, ITC, HDFC Bank, Bharti Airtel, HUL and TCS were among the top gainers. On the other hand, Axis Bank, Maruti, ONGC, Bajaj Finance and Reliance Industries were among the laggards

Barring realty and auto sectors, all indices closed in bullish territory, with over 2% gain in media, 1.7% rise in PSU Bank and 1.3% rise in metal stocks

The CPI inflation continues to remain above 6 per cent throughout this year -- except in March -- higher than the Reserve Bank of India's comfort zone of 4-6 per cent

India Stock Market Highlights Today: Intraday, both indices touched all time highs today, with Sensex hitting 46,164 and Nifty touching 13,548.

Intra day, both indices touched all-time highs today, with Sensex hitting 45,742 and Nifty touching 13,435 for the very first time

It further said that inflation is expected to average significantly above 6 per cent in the fourth quarter of the current fiscal

Onion export ban: One of the reasons for the prohibition is reduction in supply due to heavy rains in many parts of the country, as well as India's retail inflation

Analysts at BofA Securities expect the RBI to slash policy rates by 100 bps in FY21 as base case, with 25 bps cut on August 6 to revive the coronavirus-hit economy 

According to the house economists at BofA Securities India, this high lending rate is the main reason for the steeply falling credit flows, which conversely also point to a deeper GDP contraction, accentuated by the pandemic

Sensex, Nifty Live News Today: According to experts, prevailing uncertain market conditions amid the rising cases of the virus and extension of the lockdown period have caused volatility and led to the downfall of broader markets on a global scale.

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Wholesale Price Index: This is highest inflation figure in past eight months as last time wholesale inflation touched 3.1 per cent was in April 2019. Before that, it touched 3.46 per cent in December 2018