India October inflation tops RBI's 6% limit, strengthens case for rate hikes
Published . Updated .
Covered by 6 outlets: 93.3 The Drive, The Mighty 790 KFGO, Central Oregon Daily, Reuters, StreetInsider, TradingView.
Who covered it: Center 1 · Not rated 5. How we rate outlets
Key takeaways
- By Shubham Batra and Shivangi Acharya NEW DELHI, Nov 12 (Reuters) - India's retail inflation surged to 6.09% in October, breaching the central bank's 6% limit for the first time under the new series, as rising food prices squeezed household budgets an...
- Exposed: INDA, EMB, EMLC, EEM, HDB
- Market reaction: EMB −0.8% on the day; INDA −0.0% on the day; MMYT −3.4% on the day
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By Shubham Batra and Shivangi Acharya NEW DELHI, Nov 12 (Reuters) - India's retail inflation surged to 6.09% in October, breaching the central bank's 6% limit for the first time under the new series, as rising food prices squeezed household budgets an...
Directly affected
- No company is named in this report.
Indirectly affected
- DBA Invesco DB Agriculture Fund-6.1% 30d
Invesco DB Agriculture Fund: it follows farm commodity prices. Linked by “food prices” (grains and farm goods) in this story.
- WEAT Teucrium Wheat Fund-1.7% 7d
Teucrium Wheat Fund: it follows farm commodity prices. Linked by “food prices” (grains and farm goods) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds retailers. Linked by “retail” (retail and consumer goods) in this story.
- INDA iShares MSCI India ETF-3.8% 11d
iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from India.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in India
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-1.6% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from India.
- EEM iShares MSCI Emerging Markets ETF-3.3% 13d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes India
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DBA | -0.74% | -1.01% | base | -0.21% | after close | after close | after close |
| WEAT | -0.72% | -2.37% | base | -2.48% | after close | after close | after close |
| XRT | -1.37% | +0.47% | base | -1.72% | after close | after close | after close |
| INDA | -2.87% | -0.29% | base | -0.02% | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | — | after close | after close | after close |
| EMB | -0.03% | +0.53% | base | -0.81% | after close | after close | after close |
| EMLC | +0.45% | +1.06% | base | -0.57% | after close | after close | after close |
| EEM | -6.42% | -1.63% | base | -1.52% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
India October inflation tops RBI’s 6% limit, strengthens case for rate hikes 93.3 The Drive
Source: 93.3 The Drive
Ishares Tr (INDA) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| CEW | three days earlier | 0.00% | final price |
| CEW | five days earlier | 0.00% | final price |
| DBA | that day | -0.21% | final price |
| DBA | three days earlier | -1.01% | final price |
| DBA | five days earlier | -0.74% | final price |
| Ishares Tr (EEM) | that day | -1.52% | final price |
| Ishares Tr (EEM) | three days earlier | -1.63% | final price |
| Ishares Tr (EEM) | five days earlier | -6.42% | final price |
| Ishares Tr (EMB) | that day | -0.81% | final price |
| Ishares Tr (EMB) | three days earlier | +0.53% | final price |
| Ishares Tr (EMB) | five days earlier | -0.03% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | that day | -0.57% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | three days earlier | +1.06% | final price |
| Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) | five days earlier | +0.45% | final price |
| Ishares Tr (INDA) | that day | -0.02% | final price |
| Ishares Tr (INDA) | three days earlier | -0.29% | final price |
| Ishares Tr (INDA) | five days earlier | -2.87% | final price |
| WEAT | that day | -2.48% | final price |
| WEAT | three days earlier | -2.37% | final price |
| WEAT | five days earlier | -0.72% | final price |
| XRT | that day | -1.72% | final price |
| XRT | three days earlier | +0.47% | final price |
| XRT | five days earlier | -1.37% | final price |
Who gains and who loses around Ishares Tr (INDA)
Companies mentioned with this story
- INDA Ishares Tr
Ishares Tr (INDA) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “India October inflation tops RBI's 6% limit, strengthens case for rate hikes.” Reason on file: iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”)
- EMB Ishares Tr
For “India October inflation tops RBI's 6% limit, strengthens case for rate hikes,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in India
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “India October inflation tops RBI's 6% limit, strengthens case for rate hikes.” Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from India
- EEM Ishares Tr
In “India October inflation tops RBI's 6% limit, strengthens case for rate hikes,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes India
- HDB Hdfc Bank
For “India October inflation tops RBI's 6% limit, strengthens case for rate hikes,” Hdfc Bank (HDB) is linked, with no stored direction, medium confidence. Reason on file: HDFC Bank (commercial banks) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares
- INFY Infosys
Infosys (INFY) is linked, with no stored direction, medium confidence in the 12 Nov 2026 story “India October inflation tops RBI's 6% limit, strengthens case for rate hikes.” Reason on file: Infosys (computer programming services) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares
- RDY Dr Reddys Laboratories
In “India October inflation tops RBI's 6% limit, strengthens case for rate hikes,” Dr Reddys Laboratories (RDY) is linked, with no stored direction, medium confidence. Reason on file: Dr. Reddy's Laboratories (pharmaceutical preparations) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares
- MMYT MakeMyTrip
For “India October inflation tops RBI's 6% limit, strengthens case for rate hikes,” MakeMyTrip (MMYT) is linked, with no stored direction, medium confidence. Reason on file: MakeMyTrip (transportation services) is one of the largest India-based companies traded in the US, so news about India (“india”) reaches its shares
Ishares Tr (INDA)
On 12 Nov 2026, “India October inflation tops RBI's 6% limit, strengthens case for rate hikes” is the story that connects Ishares Tr (INDA) to this story.
Ishares Tr (INDA) is on the page because iShares MSCI India ETF holds stocks listed in India, which this story is about (“india”)
A second company, Ishares Tr (EMB), is listed for a different reason: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in India
Dates in the story, and the Ishares Tr (INDA) price range
EMB traded between 90.23 and 91.35 across 6 sessions. The latest close on file is 91.26. EMLC traded between 24.50 and 25.02 across 20 sessions. The latest close on file is 24.56. INDA traded between 45.35 and 46.98 across 9 sessions. The latest close on file is 46.04.
A simple score for Ishares Tr (INDA)
85 out of 100
“India October inflation tops RBI's 6% limit, strengthens case for rate hikes” scores 85 out of 100. The score uses 6 sources, and 8 linked companies.