Wealthy Indians are showing increased interest in crypto assets. They see limited growth potential in traditional investments. High-net-worth individuals and family offices are allocating funds to digital currencies. Bitcoin has reached record highs. Investors are seeking alternatives due to expensive stocks and volatile bonds. Crypto exchanges like CoinDCX are witnessing significant trading volumes from large investors.
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