Any correction in US may have a cascading effect on markets here

Linkages between the two markets are more pronounced in a downturn, but that may not be the case when the market is on a strong footing. In 51 instances, when the Nifty dropped over 10%, the S&P 500 notched up gains on 13 instances.

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EM local bonds gain favour as dollar debt lags

Current trends indicate that investors are leaning towards local emerging market debt rather than dollar-denominated bonds. The allure of attractive valuations combined with ongoing carry

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