Indian government bond yields plunged on Thursday, after the Reserve Bank of India, in an unexpected move, kept policy rates unchanged, against wide expectations of a seventh consecutive rate hike. The 10-year benchmark 7.26% 2032 bond yield was at 7.1987% as of 10:35 a.m. IST, after closing at 7.2750% on Wednesday. The yield fell to […]
By Rohan Patil Nifty 50 continued its bearish trend last week and the sell-on-rise strategy was valid for the entire week. Prices drift for a second consecutive week with a fall of more than three and a half per cent. Nifty has fallen almost 15 per cent in the last six weeks from 18110 to […]