NSE’s Nifty rose 217.95 points, or 0.91%, to end at 24,213.30. BSE’s Sensex gained 694.39 points, or 0.88%, to close at 79,476.63. The gains were the highest in a day since September 20. The upside was fueled by metal and bank stocks.
Bond supply may outweigh demand, push yields higher
Bond yields in India are anticipated to increase in the latter half of this fiscal year. This rise is primarily due to higher government borrowing