In January, FPIs injected a notable ₹19,800 crore into Indian bonds, marking the highest monthly inflow in six years, surpassing the inflows of ₹18,302 crore observed in December 2023. This positive momentum extended the ten-month streak of inflows in the debt market since April 2023, with the last recorded netRead More →
More than two centuries later American politicians are busy undermining Hamilton’s principles. Debt-ceiling brinkmanship has pushed America towards a technical default. Rising interest rates and incontinent spending have seen debt balloon: the country’s total stock now amounts to $26.6trn (96% of GDP), up from $12.2trn (71% of GDP) in 2013.Read More →
Gold prices declined on Tuesday, weighed down by higher US dollar and bond yields. Spot gold was down 0.6% at $1,960.50 per ounce by 1218 GMT. US gold futures fell 0.8% at $1,971.80. In the past two weeks, gold has risen about 9%, hitting five month high of $1,997.09 onRead More →
FPIs turned net sellers of ₹14,768 crore in NSE’s cash market in September after buying equities worth ₹1.69 trillion over six straight months. Simultaneously, they held a cumulative net short position in index and single-stock futures as of 29 September, coinciding with their cash market sales. Their cumulative net shortsRead More →
The Indian rupee opened marginally higher against the US dollar on Tuesday amid a recovery in other Asian currencies. The local currency opened at 83.08 a dollar as compared to previous close of 83.11. The US dollar index, which measures the currency against six developed-market counterparts, including the yen andRead More →
Gold recovered slightly from its five-month lows on Friday as the dollar and bond yields declined. However, bullion was still heading for another weekly fall since upbeat US data reinforced hopes that the Federal Reserve will continue raising interest rates. Spot gold on Thursday hit a five-month low of $1884 dueRead More →
The benchmark Indian government 10-year bond yields are likely to remain under check going ahead amid the low inflation and steady interest rate scenario, analysts said. The bond market’s focus remains on the Reserve Bank of India’s (RBI) upcoming monetary policy decision, wherein the central bank is widely expected toRead More →
Markets applauded RBI on Thursday for pausing the rate hike cycle in an unexpected move. Sensex moved closer to the 60,000 mark and Nifty 50 crossed over 17,600 levels. This would be the fifth rally in the market in a row with a focus on RBI policy. Drop in bondRead More →
Ajit Mishra, VP – of Technical Research, at Religare Broking said, “The coming week is a holiday-shortened one and we expect volatility to remain high citing mixed indications. On the data front, participants will be eyeing the IIP data scheduled on March 10. Besides, the performance of global indices, especiallyRead More →
