India’s stock market

Big Rise in Indian Share Prices, Marginal Change in China’s 1-Year Loan Rate, and Continuing Strain in U.S. Bank Funding Market

September 20, 2019

India’s stock market shot up 5.3%, its greatest one-day rise in a decade, after an announced cut in the country’s corporate tax rate to 25.75% from 30%. Other stock markets around the world showed only modest net movement and mostly upward in direction. The dollar and 10-year sovereign debt yields likewise remained generally steady overnight. […] More

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