The country’s largest insurer – which has a total asset under management (AUM) of ₹53.5 lakh crore including 40% in government bond books – is geared up to soon enter either the market for bond forward rate agreements (FRA) or actual bond forwards and has been making market enquiries about the matter, multiple bank treasury executives told ET.
Sensex jumps nearly 3,000 points in 3 days. Has the market found its bottom or too early to celebrate?
Indian markets extended a three-day rally, with Sensex rising over 700 points intraday and Nifty closing at 23,777. Gains were led by IT, realty, and