India faces a year of high government debt supply. This could keep borrowing costs up in the bond market. Finance Minister Nirmala Sitharaman’s budget may increase gross borrowing significantly. Large debt maturities and state government issuance are pushing yields higher. This may add pressure to the economy. The Reserve Bank of India is injecting liquidity.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,