Nov 13 (Reuters) - Indian shares declined on Friday as elevated crude prices and inflationary pressures weighed ​on sentiment, countering the support from sustained foreign institutional inflows.

Retail ‌inflation breached the Reserve Bank of India's upper limit of the 2%-6% tolerance range in October, data showed on Thursday, as rising food prices squeezed household budgets, fuelling expectations ​of further monetary tightening.

Sign up here.

Brent crude futures traded around $95.7 per barrel, ​up from $92 on Thursday, as attacks on Saudi energy infrastructure ⁠escalated and shipping disruptions through the Strait of Hormuz threatened global oil ​flows.

"Rising inflation and volatility in oil prices could weigh on markets in ​the near term after recent gains, while the medium- to long-term outlook remains robust, given the resilience in earnings and revival in foreign inflows," said G Chokkalingam, founder ​and head of research at Equinomics Research.

The Nifty 50 (.NSEI), opens new tab fell 0.37% to ​25,209.25 and the Sensex (.BSESN), opens new tab edged 0.21% lower to 81,740.02, as of 9:54 a.m. IST.

Ten ‌of ⁠the 16 major sectors logged losses. The broader small-caps (.NIFSMCP100), opens new tab and mid-caps (.NIFMDCP100), opens new tab rose 0.3% and 0.1%, respectively.

High-weight financials (.NIFTYFIN), opens new tab lost 0.8% after rising 3.2% in the last three sessions. HDFC Bank (HDBK.NS), opens new tab, the heaviest-weighted benchmark stock, lost 1.5%.

Foreign investors continued buying Indian ​equities, recording net purchases ​of 78.31 ⁠billion rupees ($832.71 million) on Thursday, according to provisional data.

This marked their ninth consecutive session of net buying and took ​November inflows to $8 billion, the highest monthly tally since December ​2020.

Among individual stocks, ⁠Madras Fertilizers (MDFT.NS), opens new tab jumped 11.1% after posting a fourfold rise in September-quarter profit.

TD Power (TDPS.NS), opens new tab gained 3.2% after its second-quarter profit nearly doubled year-on-year.

Pondy Oxides (PNDY.NS), opens new tab fell about ⁠9% after ​its September-quarter profit nearly halved Y/Y.

NMDC (NMDC.NS), opens new tab lost ​1.5% after posting a drop in net profit and revenue in the September quarter.

Reporting by ​Vivek Kumar M and Bharath Rajeswaran; Editing by Sherry Jacob-Phillips and Harikrishnan Nair