The Nifty has rallied 10% in the past month from the 2022 lows, while the bond yield has declined 23 basis points from 7.37% to 7.16% during this period. Estimated earnings yield to bond yield is trading below its 15-year average of 0.76%.
Oil Price Today (August 24): Crude oil slips below $93 ahead of US sanctions announcement on Iran. What are experts saying?
US Treasury Secretary Scott Bessent, who is scheduled to hold a press conference at 2 p.m. EDT (1800 GMT) on Monday, has threatened to impose