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The Economic Times
The Economic Times
Business

India bonds stuck in narrow range, focus on oil, RBI liquidity moves

RBI India Oil United States Reserve Bank of India Inflation

Indian bond traders searched for ​directional cues in early ​trade on Tuesday, as elevated oil prices weighed on underlying ​sentiment, with focus on the central bank's liquidity actions.

The Reserve Bank of India has announced several reverse repo operations to withdraw liquidity from the banking system, after the surplus ‌hit a record ⁠high ⁠over the weekend.

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