Back in running, Street bulls hope for steroids on Budget Day

The NSE Nifty gained 1.11%, or 258.90 points, to close at 23,508.40. The BSE Sensex advanced 1%, or 740.76 points, to close at 77,500.57. For the week, both indices rose 1.8% in a relief rally marked by scepticism. They are down less than a percent in January.

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EM local bonds gain favour as dollar debt lags

Current trends indicate that investors are leaning towards local emerging market debt rather than dollar-denominated bonds. The allure of attractive valuations combined with ongoing carry

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