Volatility is the daily crux of the market. Rather than a concern, it should be used as a motivation to capitalize on the imbalances. It may unsettle us in the short-term, but by accepting the fact that volatility is a companion of our investment journey, it helps us to remain focused on our long-term goals.
RBI: Govt to buy back bonds worth Rs 40,000 crore; move to ease tight liquidity
The unexpected move is also seen bringing down yields on short-term government bonds, as the three securities that the government has chosen to buy back