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The GIFT Nifty, an early indicator of Nifty 50’s performance, traded at 23,467.50. On Tuesday, benchmark indices ended the session marginally lower, with Nifty at 23,618, down 0.14%, and Sensex at 75,200.85, lower by 0.15%. The indices closed in negative territory after trading in a narrow range through the session.
Meanwhile, the US Treasury yields rose as investors sold bonds amid concerns over inflation. The 30-year yield briefly touched 5.197%, its highest level since July 2007. It was last trading at 5.174%, slightly lower during the session.
Elsewhere, Asian markets declined, Japan’s Nikkei 225 fell 0.88% and the Topix declined 0.75%. South Korea’s Kospi slipped 0.52%, while the Kosdaq dropped 2.15%, while Australia’s S&P/ASX 200 lost 0.5%. Hong Kong’s Hang Seng index futures stood at 25,603, below the previous close of 25,797.85, indicating a weaker start.
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