Indian sovereign bond yields saw a significant drop on Monday. This retreat followed reports of a potential de-escalation in the West Asia war. Expectations of a peace framework between the US and Iran boosted market sentiment. Additionally, a lower-than-anticipated state borrowing plan for the April-June quarter provided further support. Bond traders are now awaiting the central bank’s policy rate decision.
2 mainboard IPOs set to hit D-Street after a month of lull
India’s IPO market is set to revive with two mainboard issues, CMR Green Technologies and Hexagon Nutrition, opening this week after a lull. Together aiming