Vedanta’s notes maturing in April 2026 were among the top performers in India’s high-yield sector last year, delivering an 80% return as Agarwal worked to reduce the group’s debt. Junk bonds offered the highest returns in 2024 for dollar-denominated issuances by Indian companies.
Tech view: Nifty’s positive sentiment on verge of negation, crucial support at 23,500. How to trade on Monday
Nifty closed below key support at 23,500, signaling further downside risk. Analysts highlight bearish momentum, with potential declines toward 23,260 or lower. Immediate resistance lies