India bonds snap four-day rally on US-Iran war risks
By TodayTelugu Desk1 min read1 views
Indian government bonds witnessed a dip on Wednesday, breaking a four-day winning streak. The decline was largely attributed to soaring oil prices linked to geopolitical unrest in the Middle East and traders making profit-takings. Investors are on edge regarding inflation uncertainties. Notably, foreign investment in Indian debt has surged due to new government strategies incentivizing outside capital.
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