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 of geopolitical uncertainty. Market participants offered a significant amount for the bonds. The RBI’s action is seen as an effort to lower yields in the current uncertain environment.
Uno Minda shares jump over 3% as Jefferies initiates coverage with Rs 1,350 target price
Uno Minda shares rose over 3 per cent after Jefferies initiated coverage on the auto component maker with a Buy rating and a target price