Indian equity indices Sensex and Nifty experienced gains throughout the day but reversed course in the last hour, closing lower on Wednesday, despite the central bank easing its policy stance to ‘neutral’, opening the door for rate cuts in the coming months.
US debt crisis fuels de-dollarisation talk; may boost emerging markets: Puneet Pal
The growing U.S. debt and fiscal deficits are sparking de-dollarisation conversations, potentially benefiting emerging markets like India. While immediate outflows from U.S. bonds are limited,