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%.
Rakesh Gangwal, family trust sell 5.72% in IndiGo parent for Rs 11,564 crore
Rakesh Gangwal and his family executed a significant block deal, selling a 5.72% stake in InterGlobe Aviation for ₹11,564 crore. This transaction, part of a