Hiren Ved, Director & CIO of Alchemy Capital, highlights the ongoing significance of India’s manufacturing story, and how the recent Budget supports middle-class consumption. He emphasizes the balanced approach between capex, consumption, pharma, and tech sectors. The Budget’s focus on discretionary consumption, especially in autos, retail, real estate, and tourism, is likely to drive positive market reactions.
RBI seeking to curb yields buys bonds at a premium
The Reserve Bank of India purchased bonds at higher prices than the market on Monday. This move aimed to control bond yields during a period
March 10, 2026