From BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Indian bond rally seen extending on weaker oil, Treasury yields
What's behind this
Indian markets are expected to open higher, with the Gift Nifty signalling a 150‑point gap‑up. Easing crude‑oil prices and hopes of a Middle East de‑escalation are supporting sentiment, even as global markets stay under pressure. On Tuesday, November 3, Indian equity benchmarks opened sharply higher, the Sensex rising over 450 points and the Nifty trading above 23,500, despite weakness across Asian markets and continued selling in global technology stocks. Investors are watching the unwinding of AI‑related trades, movements in crude‑oil prices and geopolitical developments involving the US.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
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right · 1 outlet
The benchmark 6.94% 2036 bond yield is seen trending in a 7.28%-7.33% range, a private bank trader said, after ending at 7.3154% on Monday
RSS excerpt
The benchmark 6.94% 2036 bond yield is seen trending in a 7.28%-7.33% range, a private bank trader said, after ending at 7.3154% on Monday
