Mumbai, March 13 -- GIFT Nifty:

The GIFT Nifty March 2025 futures contract is up 21.50 points, indicating a positive opening in the Nifty 50 index today.

Economy:

India's retail inflation eased to a seven-month low of 3.61% in February 2025, down from 4.31% in January, as food price pressures softened, according to government data released on Wednesday. This brings inflation below the Reserve Bank of India's (RBI) medium-term target of 4% for the first time since August 2024.

Meanwhile, India's industrial output growth picked up to 5% year-on-year in January 2025, compared to 3.2% in December 2024.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 1,627.61 crore, while domestic institutional investors (DII...