The dollar index, which measures the greenback against the euro, sterling and four other major peers, edged 0.09% higher to 111.91, but remained close to a one-week low of 111.64 reached overnight.
Benchmark BSE Sensex dropped 72 points as IT shares retreated. Swiggy fell 1.2%, RVNL gained 0.8%, and TVS Motor declined 1.5%. Analyst Viral Chheda advises
The widening yield spreads between corporate bonds and U.S. Treasuries signal growing investor concerns over a potential recession and a global trade war.
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