Mumbai’s 10-year government bond yield surged to a near one-month high of 6.57% on Monday, driven by increased supply in the Centre’s second-half borrowing and caution before the MPC decision. Despite this, bond dealers view the overall borrowing calendar positively, even with current low demand for long bonds.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.