Market move▼ Bearish for Indian equities
Ahead of Market: 10 things that will decide stock market action on Monday
The brief
- Sensex and Nifty extended losses for a fourth session amid FII selling, rising bond yields and elevated crude prices
- The selloff erased gains
- Rising crude and yields pressure Indian equities, especially rate-sensitive sectors and import-dependent companies
- Rate cut cycle near turning point. What lies ahead for Indian bonds?
- RBI seen raising repo rate 25 bps in October, with further FY27 hikes possible
- 10-year bond yield breaches 7.20%; hits 2.5-year high
- Global bond rout hoists benchmark Indian yield to mid-2024 high before RBI policy
- Bond yields rise, raising the hurdle for Indian equities