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The benchmark 10-year yield climbed to 6.93 percent, up from its previous close of 6.87 percent.
Indian 10-year bond yield rose to 6.93%, its highest level amid ongoing Iran conflict.
KEY POINTS
- Indian crude basket is averaging near $150 per barrel, far above the Brent price.
- India has shifted from receiving a crude discount to paying a premium due to supply risks.
- The rupee breached 94 against the dollar for the first time, signaling historic depreciation.
COMPANIES
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