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Nifty, Sensex rise on rally in global markets; inflation data awaited

Reuters 

By Krishna V Kurup(Reuters) - Indian shares rose over 1 percent on Monday, ahead of inflation data due later in the day, following a rally in global markets after a U.S. jobs report assuaged fears around inflation and faster rate hikes.India's retail inflation is expected to ease to a four-month low in February on softening prices for vegetables and other perishable foods, but will probably stay above the central bank's target, a Reuters poll showed.Global shares rallied after U.S. data showed non-farm payrolls jumped from last month, but annual growth in average hourly earnings slowed after ...

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First Published: Mon, March 12 2018. 12:24 IST
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