Indian bonds drift as US debt rout saps oil relief before CPI
Detailed summary
On Thursday morning, Indian government bonds remained stable, reflecting a pause after recent volatility. Market sentiment is influenced by declining oil prices and climbing US…
On Thursday morning, Indian government bonds remained stable, reflecting a pause after recent volatility. Market sentiment is influenced by declining oil prices and climbing US Treasury yields, with inflation data on the horizon. The Reserve Bank of India is expected to modify its policy rate in light of these figures. Meanwhile, the ongoing Iran conflict could affect oil pricing, as traders prepare for a significant bond auction set for Friday.
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Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (economictimes.indiatimes.com)
