S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
The yield on India’s 10-year G-Sec fell to around 6.77%, extending losses from the previous session as investors returned to sovereign debt after a sharp decline in crude oil prices eased concerns over inflation and fiscal outlook. Brent crude dropped below $93 per barrel after the US paused its strikes on Iran, reversing part of last week’s rally that had briefly lifted prices above $102 and fueled expectations of higher borrowing costs. Softer oil prices also reinforced bets that the Reserve Bank of India would face less pressure to tighten monetary policy, while a decline in US Treasury yields ahead of this week’s Federal Reserve decision further supported demand for Indian bonds. Meanwhile, foreign appetite remained robust, with overseas investors purchasing a net $4.3 billion of Indian government bonds under the Fully Accessible Route, amid expectations that the country’s eventual inclusion in the Bloomberg Global Aggregate Index will attract additional long-term inflows.
