India’s bond rally has ended, compelling Hudco and Bajaj Finance to withdraw bond sales due to elevated yields. Government bond yields surged to a five-month high following GST structure rejig fears and a shift in monetary policy. This has increased borrowing costs for state governments and corporations.
JioBlackRock MF: Infosys among top 10 stock holdings in Mar
JioBlackRock Mutual Fund, a new entrant, reported an AUM of Rs 15,258 crore in March, with HDFC Bank and ICICI Bank as its top holdings.