Topic
Inflation● −14% net tone today
- Crude inflation is squeezing paint makers’ margins as Birla Opus and JSW Dulux intensify competition
- High oil prices raised rate-hike bets as MCX gold fell ₹3,200 per 10 grams and silver ₹6,700 per kg
- Brent traded above $106 a barrel, putting more pressure on government bonds
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