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Rupee bond traders will watch if a 320b rupee bond sale on Friday will dampen a rally in the nation’s debt this week that was led …
The Indian rupee advances for a second day as traders cite inflows ahead of the mega share sale of Life Insurance Corp. of India, likely by mid-March. Bonds are lower with traders waiting to see if the government cancels the last auction of the fiscal year
Source: Bloomberg
Manyavar clothing brand’s parent Vedant Fashions IPO opens for subscription today, fora Rs 3,149-crore publicissue comprising entirely an offerfor sale of shares by promoters & existing shareholders.
Like every year, the Union Finance Minister has a tough task at hand to balance public expectations and deliver a budget that would put India back on a growth track, especially after the long disruption caused by the ongoing Covid-19 pandemic which has impacted the entire nation in more ways than one.
Budget 2022 Expectations: From fiscal consolidation path to bond and asset sales, analysts say budget proposals will impact market volatility amid domestic and global uncertainties.
Indian bond traders will weigh a continued rise in oil pricesand the central bank’s intervention in the debt market in recent weeks.