Indian government bonds ended little changed on Wednesday after a choppy trading session, as crude prices hovered near the $100-per-barrel mark despite falling more than 7% on reports of a possible U.S.-Iran ceasefire plan.Read More
U.S. stock index futures climbed on Wednesday after media reports that the U.S. was seeking a month-long ceasefire in its war with Iran allayed some investor fears around prolonged energy supply disruptions.Read More
Global brokerage UBS has downgraded Indian equities to Neutral from Attractive due to escalating geopolitical risks in the Middle East and their impact on India’s energy imports. Analysts highlight the nation’s vulnerability to oil price spikes and supply disruptions, particularly through the Strait of Hormuz.Read More
The Indian rupee weakened slightly on Wednesday but held off pressure from dollar demand linked to maturing non-deliverable forwards and foreign portfolio outflows, as the central bank intervened to support the currency.Read More
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