India bonds may soften after RBI rate hike
Early trading is expected to see Indian government bonds weaken after the RBI’s first rate hike in nearly four years and a more hawkish stance.
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02:22:22 AM UTC
SquawkNews
Indian shares were likely to open slightly lower on Thursday, extending losses from the previous session after the central bank delivered a hawkish rate hike, while rising oil prices added to inflation worries.Investors will also watch Tata Consultancy Services NSE:TCS, India's biggest software exp…
Indian government bonds may weaken in early Thursday trade after the central bank raised interest rates for the first time in nearly four years and changed its stance to signal that more hikes were likely. 94% 2036 bond (IN069436G=CC) yield m…