Indian markets experienced volatility on Monday. The rupee hit a new all-time low against the dollar. Bond yields rose significantly. Technology stocks helped equities avoid a major fall. Concerns over rising crude oil prices, fueled by drone strikes and depleting inventories, impacted investor sentiment. This situation poses challenges for India, an oil importer.

The Indian rupee hit a new all-time low against the dollar on Monday, plummeting to 96.18. Soaring global bond yields, fueled by elevated energy prices from the Iran war, have…

Traders said the losses would have been steeper if not for likely dollar-selling intervention by the Reserve Bank of India. | World News

Indian markets experienced volatility on Monday. The rupee hit a new all-time low against the dollar. Bond yields rose significantly. Technology stocks helped equities avoid a…