印度外汇储备减少20亿美元，结束8周的连续增长。印度央行周五公布的数据显示，截至5月2日，印度外汇储备下降20.7亿美元，至6860.6亿美元，结束了连续八周的增长，这一增长将储备提升至近六个月的高点。

India's forex reserves drop $2 billion, snap 8-week streak of gains.India's foreign exchange reserves declined by $2.07 billion, to $686.06 billion as of May 2, snapping an eight-week gaining streak that had lifted reserves to a near six-month high, data released by the central bank on Friday showed.

周五，印度BSE Sensex指数收于79454.5点的两周低点，跌幅约1.1%，延续了前一交易日的跌幅，主要受印巴紧张局势加剧的影响。巴基斯坦新的跨境无人机和导弹袭击加深了人们对更广泛冲突的担忧。与此同时，在印度最近与英国达成协议后，持续的外国资金流入和对潜在的美印贸易协议的乐观情绪缓和了市场情绪。公用事业、工业和银行板块跌幅最大。另一方面，L&T和Titan Company在分别报告25%和13%的利润增长后，股价上涨了近4%。塔塔汽车、SBI、亚洲涂料和M&M也取得了进步。本周，该指数下跌1.3%，这是一个月来的首次单周下跌，受到对持续的地缘政治跨境紧张局势的担忧的影响。印度股市将于5月12日星期一因国家假日休市。

India's BSE Sensex closed about 1.1% down at two-week lows of 79,454.5 on Friday, extending losses from the prior session, mainly influenced by rising India-Pakistan tensions. Fresh cross-border drone and missile attacks by Pakistan deepened fears of a wider conflict. Meanwhile, market sentiment was tempered by sustained foreign inflows and optimism over a potential US-India trade deal, following India’s recent agreement with the UK. Utilities, industrials and banks were among the top decliners. On the flip side, L&T and Titan Company jumped nearly 4% after reporting 25% and 13% profit growth, respectively. Tata Motors, SBI, Asian Paints, and M&M also advanced. For the week, the index recorded a 1.3% drop, marking its first weekly decline in a month, weighed down by concerns over ongoing geopolitical cross-border tensions. Indian markets will be closed on Monday, May 12, for a national holiday.

10年期印度G-Sec的收益率从5月5日的三年多来的低点6.3%上涨至6.43%以上，因为与巴基斯坦的紧张局势加剧削弱了印度债券的安全吸引力。印度军队袭击了巴基斯坦领土，以报复上个月对印控克什米尔的恐怖袭击，并誓言双方将进行更多报复。这可能会危及印度债券在该地区的相对安全性，因为其不断增长的经济和相对稳定的货币引发了大量资金涌入卢比债务市场。尽管如此，今年迄今为止，收益率仍下降了25个基点。印度储备银行在将基准回购利率保持在6.5%的四年多来高点整整一年后，连续下调基准回购利率，试图阻止国内增长放缓。在为卢比辩护耗尽国内储备并收紧融资条件后，央行还向商业银行注入了一系列流动性，引发了央行对G-sec的购买。

The yield on the 10-year Indian G-Sec rose past 6.43% from the over-three-year low of 6.3% from May 5th, as escalating tensions with Pakistan dented the safety appeal of Indian bonds. Indian forces struck Pakistani territory in retaliation to terrorist attacks on Indian Kashmir last month, vowing more retaliation from both sides. This risked the relative safety of Indian bonds in the region as their growing economy and relatively stable currency had triggered a sharp influx of funds into rupee debt markets. Still, the yield remained 25bps down year-to-date. The RBI delivered back-to-back cuts to its benchmark repo rate after holding it at the over-four-year high of 6.5% for one full year, attempting to halt the slowdown in domestic growth. The central bank also delivered a series of liquidity injections into commercial banks after the its defense of the rupee drained domestic reserves and tightened financing conditions, triggering G-sec buying by the central bank.

在孟买，孟买敏感指数周五下跌817点，跌幅1.02%。ICICI银行（-2.83%）、电网（-2.71%）和UltraTech水泥（-2.32%）领跌。

In Mumbai, the SENSEX Index dropped 817 points or 1.02 percent on Friday. Losses were led by ICICI Bank (-2.83%), Power Grid (-2.71%) and UltraTech Cement (-2.32%).