WPI inflation surges to **9.87%**, food prices spike due to global tensions

WPI inflation surges to 9.87%, highest in months, driven by rising food and energy costs amid US-Iran tensions. Global geopolitical risks are impacting domestic input prices, especially in food and fuel. This sharp rise in wholesale prices may pressure RBI to maintain hawkish stance. Persistent inflation could delay rate cuts and impact equity valuations across sectors.

📊 STOCKS: | 🏢 SECTOR: Macro | #HIGHIMPACT #Inflation