India's benchmark bond breaks 4-day falling streak as value investors return

Indian government bonds have rebounded after a significant rise in yields, drawing investors back into the market.

The benchmark bond yield has risen due to a central bank policy rate hike and liquidity measures, but traders are now anticipating a potential slowdown in the pace of rate hikes.

The rupee has appreciated against the dollar after the central bank implemented new measures to support the currency, but traders are awaiting US inflation data for further guidance.