Ashutosh Raina, HDFC Bank said, "The turmoil in China had ripple effects across global equity markets and prices of key commodities. The outcome of FOMC meeting will be keenly awaited for cues. The Indian market fared no better, with concerns over P-Notes further spooking sentiment. The USD-INR currency pair settled above 64/USD levels with a likely trading range of Rs 63.80-64.40/USD."
"The 10-Year bond yields continue to trade in a range of 7.80-7.85%," he further added.
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!