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INDIA: Country Wrap:  RBI may look at OMOs to infuse durable liquidity

INDIA
  • Indian central bank to delay cutting rates to early 2025 amid inflation concerns: (source: Reuters poll)
  • RBI may look at OMOs to infuse durable liquidity, say market experts (source BBG)
  • India’s NIFTY 50 is opening in positive territory up +0.15% in morning trade.
  • INR – continues its period of resilience unchanged today at 84.46.
  • Bonds: India’s 10-year trading 1bp lower in yield at 6.83%
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  • Indian central bank to delay cutting rates to early 2025 amid inflation concerns: (source: Reuters poll)
  • RBI may look at OMOs to infuse durable liquidity, say market experts (source BBG)
  • India’s NIFTY 50 is opening in positive territory up +0.15% in morning trade.
  • INR – continues its period of resilience unchanged today at 84.46.
  • Bonds: India’s 10-year trading 1bp lower in yield at 6.83%