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S7/10Economic
Indian stock market value drops below $5 trillion as oil prices surge & US bond yields climb
Indian stock markets experienced a significant decline on Tuesday. Crude oil prices surged above one hundred dollars a barrel.
United States bond yields climbed above five percent, impacting investor sentiment. This led to a sharp sell-off in Indian equities, pushing market value down.
Investors now await key central bank policy meetings for further direction.
Source: Economic TimesOriginal source
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