The RBI’s bond purchase OMO witnessed robust demand, with bids nearing ₹71,194 crore against a notified ₹25,000 crore. The 2035 paper attracted the highest interest. Market participants are less aggressive in selling, anticipating further OMOs. Another OMO is scheduled for May 19.
Oil shock and supply disruptions could delay market recovery: Sameer Dalal
Market expert Sameer Dalal warns that prolonged geopolitical tensions are overshadowing India’s growth and earnings outlook, leading to a pause in fresh equity investments. He