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Asian markets were weaker as investor confidence flagged, while oil prices rose due to a storm threat in the Gulf of Mexico and escalating Saudi-Houthi tensions. MSCI's broadest index of Asia-Pacific shares excluding Japan fell 0.5%.
(Updates after RBI's policy decision) By Bharath Rajeswaran Oct 7 (Reuters) — Indian shares held losses on Wednesday in a broad-based decline, led by rate-sensitive sectors, afterthe central bank's 25-basis-point hike following persistent inflationary pressures from the Middle East war that forced rate-setters' hands g
Indian shares extended their losses on Wednesday, led by rate-sensitive sectors, after the Reserve Bank of India implemented a 25-basis-point interest rate increase in response to persistent inflationary pressures.
Indian shares declined, led by rate-sensitive sectors, ahead of an expected 25 basis point rate hike by the Reserve Bank of India to combat inflation.