The latest Reserve Bank of India (RBI) data showed that the outstanding stock of central government bonds, excluding special securities, was at ₹100.2 lakh crore. In 2017, the figure was around the ₹50-lakh-crore mark. The surge since then reflects the huge increase in government borrowing from 2020 onward, when the Centre’s bond issuances in a single financial year crossed the ₹10-lakh-crore mark for the first time.
Tech View: Nifty’s weekly bullish engulfing candle signals strength; key resistance at 23,800. How to trade on Monday
Nifty formed a red candle on the daily chart on Friday, indicating weakness, but a green candle on the weekly scale confirmed last week’s bullish