印度52周国债 (India52W) 加自选

周二早盘，印度股市下跌389.4点，跌幅0.5%，至近两周低点73464.5点，Nifty 50指数在前一天下跌后跌至22400点以下，受到几乎所有板块的拖累，主要是房地产、医疗保健和金属股。尽管有积极的全球信号，但BSE表现不佳，因为在选举投票率出乎意料的低的情况下，交易员们持谨慎态度。在疲软的美国就业数据助长了对美国今年可能降息的押注后，华尔街隔夜表现乐观，限制了跌幅。周一的数据阻碍了该指数的进一步下跌，因为继上周强劲的工厂活动数据之后，该国的服务业仍保持稳定增长。交易员预计印度最大贸易伙伴中国将公布贸易数据，此前周一的私人调查数据显示，中国大陆的服务业依然强劲。当天跌幅最大的是电网公司（-2.6%）、JSW钢铁公司（-1.8%）、NTPC公司（-1.7%）和Cipla公司（-1.6%）。

Stocks in India fell 389.4 points or 0.5% to a near two-week low of 73,464.5 in morning trade on Tuesday, with Nifty 50 declining below 22,400, after being muted the day before, dragged by almost all sectors, mainly realty, healthcare, and metal stocks. The BSE underperformance despite positive global cues, as traders were cautious amid an unexpectedly low turnout in the elections. Limiting the fall was an upbeat session on Wall Street overnight after weaker US jobs data fuelled bets of a potential US interest rate cut this year. Monday's data hampered the index dropped deeper, as the services sector in the country remained grew solidly, following the strong factory activity figures last week. Traders anticipate trade data from India's top trading partner, China, after Monday's private survey data revealed that the services sector in the mainland remained robust. Among the top losers of the day were Power Grid (-2.6%), JSW Steel (-1.8%), NTPC (-1.7%), and Cipla (-1.6%).

BSE指数在前一周略有上涨后，周一回吐了一些最初的涨幅，收于73895.5点，几乎没有变化。尽管美联储降息预期带来了积极的全球指标，但对估值过高和第四季度盈利报告喜忧参半的持续担忧似乎影响了市场情绪。与此同时，一项私营企业调查显示，印度占主导地位的服务业的增长在4月份略有放缓，但仍保持强劲。在个股中，Kotak Mahindra Bank股价上涨5%，此前该行公布其24财年第四季度利润同比增长26%。其他涨幅最大的股票包括TCS和印度斯坦联合利华，分别上涨2.1%和1.8%。另一方面，在第四季度利润未达到分析师预期后，泰坦股价暴跌7.2%。

The BSE index pared some initial gains to close virtually unchanged at 73,895.5 on Monday, following slight gains in the previous week. Ongoing concerns regarding overvaluation and mixed Q4 earnings reports seemed to have weighed on market sentiment, despite positive global indicators stemming from expectations of interest rate cuts by the Federal Reserve. Meanwhile, a private business survey showed growth in India’s dominant services sector slowed marginally in April, but remained robust. Among single stocks, Kotak Mahindra Bank surged 5% after reporting a jump of 26% yoy in its profit for Q4 of FY24. Other top gainers included TCS and Hindustan Unilever, up 2.1% and 1.8%, respectively. On the opposite side, Titan shares tanked 7.2%, after Q4 profit misses analysts' expectations.

印度10年期政府债券收益率降至4周低点7.11%。在过去的4周里，印度10Y债券收益率下降了4.00个基点，而在过去的12个月里，它上升了6.70个基点。

India 10 Year Government Bond Yield decreased to a 4-week low of 7.11%. Over the past 4 weeks, India 10Y Bond Yield lost 4.00 basis points, and in the last 12 months, it increased 6.70 basis points.

汇丰银行印度综合采购经理人指数从3月份的61.8下调至4月份的62.2。尽管如此，这是私营部门活动连续第33个月扩张，在制造业和服务业强劲增长的情况下，这仍然是近14年来最强劲的步伐之一。新订单大幅增长，增速为2010年年中以来最快。与此同时，商品生产商引领了4月份的工资增长，服务经济的疲软增长抑制了综合层面的就业创造。在成本方面，投入品价格温和上涨，通货膨胀率从3月份开始软化，低于长期平均水平。在这方面，服务业的增长更为强劲。制造业企业及其服务业同行的销售价格出现温和上涨。在整个私营部门，收费通胀放缓。

The HSBC India Composite PMI was revised downward to 61.5 in April from a flash print of 62.2, coming after March's reading of 61.8. Still, it was the 33rd straight month of expansion in private sector activity, remaining one of the strongest paces in close 14 years amid robust growth in the manufacturing and services sectors. New orders rose sharply and at one of the fastest rates since mid-2010. Meantime, goods producers led April's rise in payroll numbers, with softer growth in the service economy curbing job creation at the composite level. On the cost side, input prices rose moderately, with the inflation rate softening from March and below its long-run average. Here, the stronger increase was registered in the service sector. Moderate increases in selling prices were recorded at manufacturing firms and their service counterparts. Across the private sector, charge inflation slowed.