Indian bond yield sees biggest spike in 8 months on uncertainty over election results 2024; 10-year yield above 7%

Indian bond yield sees biggest spike in 8 months on uncertainty over election results 2024; 10-year yield above 7%

Indian government bond yields jumped sharply on Tuesday, with the benchmark 10-year bond yield witnessing its biggest surge in eight months, as early voting trends in the Lok Sabha election results 2024 so far were falling short of market expectations. The benchmark 10-year bond yield was at 7.0130% as against its previous close at 6.9438%. … Read more

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying RIL, and NTPC tomorrow

Top Stock Recommendations: Dharmesh Shah of ICICI Securities suggests buying RIL, and NTPC tomorrow

Stock Market News: Friday’s intraday trading saw the domestic benchmark indices, the Sensex and Nifty 50, reach record highs before ending slightly down as a result of profit-booking in the IT, FMCG, and healthcare sectors. Though the markets were supported by fresh inflows of foreign cash and steady prices of crude oil on international exchanges, traders … Read more