Mumbai, May 21 -- GIFT Nifty:

GIFT Nifty May 2025 futures were trading 8 points lower in early trade, suggesting a flat-to-negative opening for the Nifty 50.

Economy:

India's infrastructure output, which tracks activity across eight sectors and makes up 40% of the country's industrial production, grew at 0.5% annually in April as against 4.6% in March, data from Ministry of Commerce & Industry showed on Tuesday. The Index of eight Core Industries is the measure of combined and individual performance of production of eight core industries: Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity.

India's retail inflation for farm as well as rural workers eased marginally to 3.48% and 3.53%, respective...