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 auction conducted recently. The government aimed to raise ₹23,000 crores through treasury bill sales but faced significantly higher yield bids. Market analysts indicate a potential 50 basis point hike by the RBI in December.
Jio IPO bids hit 70,000 crore on day 1; outpaces NSE, LIC, GIC issues
The initial public offering of Jio Platforms has attracted impressive attention, with an oversubscription of 3.16 times. Institutional investors were particularly keen, subscribing at a
October 22, 2026