On Friday, benchmark government bond yields climbed by five basis points, surpassing the 7% threshold. The Reserve Bank of India managed to accept less than half of the amount it had targeted in a three-year bond auction. Factors such as high global risk-free rates and escalating crude oil prices are exerting pressure on Indian bonds.
Global funds sour on India stocks as some cut allocation to zero
Global investors are reducing Indian equity exposure due to a lack of AI investment themes. Foreign portfolio ownership has fallen to a seventeen-year low as