India Inc & Economic Event Highlights For Oct 13 As SGX Nifty Trades in Red

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India Inc & Economic Event Highlights For Oct 13 As SGX Nifty Trades in Red
Credit: © Reuters.

By Malvika Gurung

Investing.com -- The domestic market traded in red after making a negative opening on Thursday amid weak global cues as investors await another red-hot US CPI inflation data for Sept 2022 due later in the day, which will act as an important input parameter for the Fed’s upcoming Nov 1-2 meeting, while a higher-than-expected Indian CPI inflation print of 7.4% last month weighed on equities.

At the time of writing, the benchmark equity indices Nifty50 dropped 0.67% each, while the SGX Nifty Futures declined 0.8%, indicating Dalal Street to trade in the red.

Some key India Inc earnings and economic events to be in focus on Thursday include:

To read the complete forecast and expectations from the US CPI print for September due later in the day, read US Sept CPI Data Today: Timings & Key Inflation Forecasts; Input for Fed’s Nov Meeting.

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