On Friday morning, SGX Nifty was again deep down in red, falling 180 points, during the early hours of trade, hinting at another day of negative moves on Dalal Street.
Bond yields in the United States have risen once again, causing Wall Street indices to register another sell-off. On Thursday morning, Asian peers were mirroring global peers and sliding down.
The precious metals declined during the previous week with rising US bond yield which also boosted buying in dollar.
RBI Monetary Policy Live: The 10-year bond yield has gone up from 5.93% a day ahead of the Union Budget to 6.08% yesterday.