Indian bond yields experienced a notable increase, reaching their highest levels since early April, driven by market anticipation of a prolonged pause in the current rate-easing cycle. Institutional caution ahead of the upcoming inflation data further contributed to the firm yields. The benchmark 10-year paper’s yields rose by four bps to 6.44%, with significant selling observed during the day.
Bullish Bets: Vinit Bolinjkar maps out India’s next big market winners
Indian equities are seeing stock-specific action. Market expert Vinit Bolinjkar is bullish on select banking, power, defence, and industrial companies. He highlights mid-sized banks like