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 hovered around 6.84%, edging higher after losses in the previous session as investor sentiment remained subdued following Bloomberg’s decision to defer the inclusion of Indian government bonds in its Global Aggregate Index. The decision disappointed investors who had largely viewed index inclusion as a near certainty, triggering foreign sales of nearly $600 million in bonds under the Fully Accessible Route over the last six sessions, including the biggest weekly outflow in four months. Still, overseas investors remained net buyers of $3.9 billion in FAR bonds between June 1 and July 31. Investors also awaited this week’s Reserve Bank of India policy meeting, where economists expect the central bank to keep interest rates unchanged, while closely monitoring its assessment of inflation risks from elevated oil prices and weak monsoon rainfall.
