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Indian Shares Extend Gains For Fifth Day

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Indian shares rose modestly on Thursday, with key benchmark indexes Sensex and Nifty extending gains for a fifth consecutive session, as easing geopolitical tensions offset pressure from a stronger dollar and higher U.S. Treasury yields.

Global bond yields surged after the Federal Reserve held its benchmark interest rate steady on Wednesday but Chair Kevin Warsh's focus on "price stability" signaled an increasingly hawkish pivot.

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