A ₹50,000 crore Open Market Operation auction saw better-than-expected demand, leading to a rally in bond yields. The 10-year benchmark yield dropped four basis points to 6.65%. This operation, part of the RBI’s liquidity infusion measures, is expected to move system liquidity into a comfortable surplus.
Sensex crossed 85K for first time 2 years ago, now down 10K points from milestone. What can trigger the next bull run?
Two years ago, Sensex soared to an impressive 85,000, but the market has seen a steep decline since then. This downturn is attributed to several