Indian sovereign bond yields saw a significant drop on Monday. This retreat followed reports of a potential de-escalation in the West Asia war. Expectations of a peace framework between the US and Iran boosted market sentiment. Additionally, a lower-than-anticipated state borrowing plan for the April-June quarter provided further support. Bond traders are now awaiting the central bank’s policy rate decision.
Swan Defence shares rise 3% after securing order from Denmark’s Svitzer
Swan Defence and Heavy Industries shares gained nearly 3% after securing an order from Denmark-based Svitzer A/S to build four advanced TRAnsverse 3200 tugs. The