Investors are finding fixed income attractive amid market volatility. Basant Bafna of Mirae Asset Mutual Fund highlights appealing spreads and carry advantages. Inflows into fixed income funds are noted. The short-term outlook suggests curve steepening. Medium to long-term inflation is expected to remain anchored near 4%. Non-sovereign fixed income instruments appear particularly appealing.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader