India’s 10-year bond yields rose to 6.37% after RBI Governor Sanjay Malhotra emphasized price stability, cooling hopes of an August rate cut despite low inflation data.
The rupee hit a one-week high as expectations of RBI measures to curb oil refiners’ dollar demand boosted sentiment and eased pressure on the currency.
Gold and silver prices opened higher on MCX as easing geopolitical tensions and US-Iran peace talk hopes influenced sentiment. Silver gained sharply while gold held
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