Free Trial

INDIA: Bond Wrap.

INDIA
  • Aggregate demand is poised to shrug off the temporary slowdown in momentum in the second quarter of FY25, as festival demand picks up pace and consumer confidence improves, the Reserve Bank of India's (RBI) October bulletin said (source:  BBG).
  • The Indian rupee, which fell past 84 to the dollar to hit a new record low this month, is on a downward path as geopolitical risks boost oil prices and as money flows out of local stocks amid a shift toward China (source:  BBG).
  • India’s Nifty 50 weak today down -0.35% whilst bonds were unchanged.

 

2yr 6.664%        5yr 6.737%        10yr 6.835%        30yr 6.975%

100 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • Aggregate demand is poised to shrug off the temporary slowdown in momentum in the second quarter of FY25, as festival demand picks up pace and consumer confidence improves, the Reserve Bank of India's (RBI) October bulletin said (source:  BBG).
  • The Indian rupee, which fell past 84 to the dollar to hit a new record low this month, is on a downward path as geopolitical risks boost oil prices and as money flows out of local stocks amid a shift toward China (source:  BBG).
  • India’s Nifty 50 weak today down -0.35% whilst bonds were unchanged.

 

2yr 6.664%        5yr 6.737%        10yr 6.835%        30yr 6.975%