Yield on the 10-year benchmark government bond dropped to a low of 7.19% on Tuesday, five basis points lower than its closing level at the end of last week. The benchmark bond closed at 7.19% on Tuesday. Falling government bond yields lead to lower borrowing costs across the economy.
Why Venugopal Garre is bullish on Bharti Airtel, Adani Ports and Avenue Supermarts
Bernstein’s MD, Venugopal Garre, maintains a positive outlook on the Indian market with a Nifty target of 26,500, citing improvements in macro conditions and potential