Notwithstanding the increasing consumer prices, domestic benchmark indices are looking to start higher on Tuesday amid firm global cues.
At 7:40 am, the SGX Nifty futures were quoting at 18,045, up around 80 points from the previous close.
India's retail inflation inched up to 7 per cent in August from 6.71 per cent in July mainly due to higher food prices. Meanwhile, India's industrial production rose 2.4 per cent in July, against a IIP growth of 11.5 per cent in July 2021.
Globally, US markets edged higher for 4th session on Monday, while Asian markets were also firmly in green