Abhay Agarwal of Piper Serica highlights concerns over US tariffs affecting Indian industries. Order cancellations are already occurring in sectors like textiles. A resolution to the tariff disputes is crucial for market confidence. The RBI’s recent policy was largely expected. Uneven growth and real inflation are key concerns for the RBI. Rate transmission to borrowers needs improvement.
Bond yield rises to 7.44% on higher oil prices, global cues
Yields on the 10-year benchmark bond have increased due to high oil prices. The Reserve Bank of India rejected all bids at the treasury bill