New Delhi, May 5 -- Large emerging economies, including India, have weathered repeated global shocks over the past five years without losing access to markets, Moody's Ratings said on Tuesday.

In a report assessing how emerging market sovereigns handled volatile financial conditions, Moody's said stronger policy frameworks and higher buffers helped countries absorb shocks, even as external conditions worsened.

"Relatively accommodative external market conditions in the wake of recent shocks helped emerging markets absorb successive external shocks since 2020. Market pressures over this period have been transmitted primarily through yield adjustment rather than through rising sovereign risk premia," Moody's said in its report.

"However,...