FPIs net buyers of Indian equities at Rs 40,710 crore so far in March

FPIs net buyers of Indian equities at Rs 40,710 crore so far in March

Buying activity from the foreign portfolio investors (FPI) returned in March with equity purchases worth Rs 40,710 crore taking place as on March 15. This comes after a lackluster first two months where FPIs bought shares worth Rs 1,539 crore while remaining net sellers in January at 25,744 crore. With this WPIs are net buyers … Read more

India 10-year bond yield hits 4-month low on easing inflation outlook

India 10-year bond yield hits 4-month low on easing inflation outlook

MUMBAI – India’s 10-year government bond yield declined in early trade on Monday, falling below the critical 7.15% mark to a near 4-month low, as prospects of lower inflationary pressures powered bullish bets. The 10-year benchmark bond yield was at 7.1350% as of 10:00 a.m. IST, following its previous close of 7.1791%. The yield eased … Read more

Fed seen pivoting to interest rate cuts in March, perhaps earlier

Fed seen pivoting to interest rate cuts in March, perhaps earlier

The Federal Reserve’s signal on Wednesday that its interest rate hiking campaign is over triggered a drop in bond yields and a rash of market bets on U.S. rate cuts next year, marking a sharp shift in pricing that is rare outside of financial panics. Economic data on Thursday showing stronger-than-expected retail sales in November … Read more

FII action, bond yields among top 10 factors to keep D-Street in action next week

FII action, bond yields among top 10 factors to keep D-Street in action next week

Indian frontline indices S&P BSE Sensex and Nifty50 ended with weekly gains of near 1% amid a mixed trading week. Amid a host of important domestic and global events lined-up during this holiday shortened week, know what lies ahead for the stock markets. On Tuesday, November 14, the domestic equity markets will remain shut for … Read more

Gold firms as US bond yields slip with focus on Middle East

Gold firms as US bond yields slip with focus on Middle East

Gold prices climbed on Wednesday on softer U.S. Treasury yields, but lacked impetus to move higher as bullion’s safe-haven demand showed signs of fatigue after global leaders sought to prevent the Israel-Hamas war from spreading. FUNDAMENTALS * Spot gold gained 0.2% to $1,974.29 per ounce by 0104 GMT, having declined in the previous two sessions … Read more

Aligning market realities with policy goals

Aligning market realities with policy goals

Mumbai: When Reserve Bank of India (RBI) Governor Shaktikanta Das began Friday by saying that the monetary policy review was not just a ‘status quo’ one but would ‘reveal and give an idea of our approach not only to monetary policy but also to various aspects of monetary policy,’ few knew what was in store. … Read more

Gold faces headwinds as hawkish Fed, rising yields pale optimism

Gold faces headwinds as hawkish Fed, rising yields pale optimism

During the September FOMC meeting, the Federal Reserve maintained the federal funds rate target range at a 22-year high of 5.25%-5.5%. Fed Chair Jerome Powell, however, conveyed that interest rates must remain elevated for an extended period due to the renewed strength in the economy. While the central bank is nearing the end of its … Read more

Where are yields headed on Indian bonds’ inclusion in JPMorgan Global Bond index?

Where are yields headed on Indian bonds’ inclusion in JPMorgan Global Bond index?

At a time when domestic bond yields were heading north tracking the US yields and amid hawkish remarks by the US Fed on rate hikes, news of the inclusion of Indian government bonds in the JPMorgan Global Bond Index was like a vitamin pill for bond traders. Most experts believe that the inclusion will help … Read more

FPIs invest Rs 10,689 cr in Aug; pace of investment slows

FPIs invest Rs 10,689 cr in Aug; pace of investment slows

After infusing a staggering amount in Indian equities in the past three months, the pace of inflow from foreign investors ebbed in August with a net investment of Rs 10,689 crore on higher crude oil prices and resurfacing of inflation risks. Further, markets could remain volatile in the coming week due to macroeconomic uncertainty and … Read more

Treasury selloff drives key 5-year yield to highest since 2008

Treasury selloff drives key 5-year yield to highest since 2008

The US bond market was hit by a fresh round of selling after Federal Reserve Chair Jerome Powell said the central bank remains prepared to push interest rates higher if needed to keep reining in inflation.While Treasuries were little changed during Powell’s long-awaited speech in Jackson Hole, Wyoming, yields pushed up after it concluded as … Read more