The S&P index recorded two new 52-week highs and 135 new lows, while the Nasdaq recorded eight new highs and 415 new lows.
Reserve Bank of India (RBI) Governor Shaktikanta Das told Bloomberg in an interview on Tuesday that the central bank was ready to do whatever was needed to address a slowdown.
Fiscal year 2019 saw a widening in the deficit to $984 billion, the largest budget deficit in seven years
Hopes of a trade truce between the United States and China this month fuelled the optimism, with some more details being filled in on what's expected to be a "phase one" agreement.
Borrowing from the public swelled to 79.1% of GDP for the year, up from 77.5% in the year before
The repo market underpins much of the US financial system, helping to ensure banks have the liquidity to meet their daily operational needs and maintain sufficient reserves
Among the major foreign holders of the Treasury securities, India was at the 13th position with holding to the tune of $162.7 billion
The rising US Treasury yields have been a driver across financial markets this week and come as data shows a strong U.S. economy that could indicate firming inflation.
India is one of the 13 largest trading partners of the United States, and as of June 2017, ran a trade surplus of $23 billion with the US