Indian benchmarks were nearly unchanged on Friday after their steepest decline in 10 weeks, as crude above $100 a barrel and rising global bond yields revived inflation and interest-rate concerns. The Nifty 50 and BSE Sensex edged higher, but information-technology shares fell because potentially higher U.S. rates could weaken demand for geographically exposed services. Individual moves were mixed: Welspun Corp advanced on a $412.5 million order, Vascon Engineers jumped after a $69 million contract, and Meesho declined.
Source: https://uk.marketscreener.com/news/indian-shares-muted-as-high-oil-yields-weigh-it-offsets-broader-pullback-ce785adfdb80f722
