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 rose to around 6.81%, reaching near two-week highs as bond prices weakened following the Reserve Bank of India’s unexpected decision to bring forward the closure of its concessional forex swap facility for FCNR(B) deposits. The move raised concerns over reduced demand for government bonds, with traders noting that much of the inflows under the scheme had been invested in four- to six-year securities, potentially exposing those maturities to selling pressure. Rising Brent crude prices near $90 a barrel also weighed on sentiment amid uncertainty over US-Iran peace talks and disruptions to tanker traffic through the Strait of Hormuz. Still, the 10-year yield remained supported by value buying, while ample banking-system liquidity and elevated foreign-exchange reserves provided some cushion. Market participants now await the minutes of the RBI’s August policy meeting for further cues on the interest-rate outlook.
