The fall in government bond yields to 6.98% reduces borrowing costs across the economy, influencing corporate borrowing prices. Sovereign debt yields serve as benchmarks for determining corporate borrowing costs.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to