Domestic equity markets
declined for the fourth straight week, with benchmark indices BSE Sensex
and Nifty 50 falling by 0.04% and 0.16%, respectively.
Domestic equity markets
fell amid escalating geopolitical tensions in the Middle East and a surge
in global crude oil prices.
Bond yields rose amid
elevated crude oil prices, which dragged the rupee to record lows.
Yield on the 10-year
benchmark paper (6.48% GS 2035) rose by 6 bps to close at 6.74% from the
previous week’s close of 6.68%.
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