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Market Impact: 0.58

Indian Stocks Extend Slide as High Crude Sparks Risk-Off Trade

Source: Bloomberg

Interest Rates & YieldsCredit & Bond MarketsEnergy Markets & PricesEmerging MarketsMarket Technicals & Flows

Indian equities tumbled as a global bond selloff intensified and elevated oil prices worsened the outlook for the crude-importing economy. Higher global yields raise financing-pressure risks, while expensive crude could deteriorate India’s inflation, trade-balance and growth outlook.

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