Bandhan AMC has reduced duration across several bond funds as RBI rate hike risks rise following the latest MPC minutes. CIO Suyash Choudhary said markets are increasingly debating the timing and magnitude of potential hikes, while fading FCNR flows and changing policy expectations could drive a flatter bond yield curve.
Indian bank stocks show widest exchange price gap in decades
Indian bank stocks saw unusually wide price gaps between the NSE and BSE during Thursday’s closing auction, with IndusInd Bank recording its widest exchange price