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Market move● Neutral for Indian equities
Global Market: European shares edge higher as British housebuilders rally
The brief
- STOXX 600 gained 0.3%, led by a rally in British housebuilders
- Rising oil prices capped gains
- Higher oil prices can pressure Indian airlines and oil-importing companies
- Indices continue to trade with significant losses; European shares trade in the green
- Eurozone Bond Yields Fall as Oil Prices Decline; U.S. Treasury Yields Edge Higher
- Sensex, Nifty slipped into negative territory; European shares bounce back
- European Stocks Edge Lower as Rising Global Bond Yields Weigh
- Global bond selloff continues, stock futures drop