S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe yield on India’s 10-year G-Sec held around 6.66%, trading in a tight range, as investors weighed expectations of higher government borrowing in FY 2027. Foreign banks Citi and DBS project net borrowing to rise to around INR 11.8–12 trillion, up from INR 11.4 trillion in FY 2026, while gross issuance is expected to reach record levels of INR 16.5–16.8 trillion. Market participants are also closely watching the government’s FY 2027 budget, set for February 1, for details on borrowing plans, fiscal deficit targets, and the debt-to-GDP ratio, all of which will help determine investor expectations in the bond market. Meanwhile, sentiment was tempered as US Treasury yields eased, partially offsetting yesterday’s sharp gains as traders digested movements in Japanese government bond yields and broader dollar fluctuations.
