India bonds tread water before hefty state debt sale

Indian government bonds traded narrowly as a large state debt supply and fading risk appetite weighed on the market. The benchmark 10-year yield hovered near 6.60% amid a widening liquidity deficit, despite the RBI’s bond purchases. Traders anticipate a heavy fourth-quarter debt calendar, potentially setting a record high.

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FPIs withdraw Rs 48,056 cr from D-St in Oct

Foreign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite this, there were signs of moderation