Bonds maturing by 2030 have already softened by over 25 basis point beginning of this fiscal year in hope of more rate cuts as inflation has eased, contributing to a significant flattening of the yield curve.
TCS, Infosys, other IT stocks drop up to 3% as Anthropic IPO sparks rally in global AI stocks
Indian IT stocks fell amid reports that Anthropic, the maker of Claude, is preparing for an IPO that could value it at around $1.5 trillion.