💨 Abstract

Domestic markets in India are experiencing volatility, influenced by global economic developments and local indicators. The Indian rupee depreciated against the US dollar due to capital outflows, and the stock market fell by over 1%. The 10-year government bond yield softened slightly, while the 5-year bond yield remained steady. Brent crude prices decreased, gold prices increased, and the Bank of England and US Federal Reserve reduced interest rates.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖