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Market move▼ Bearish for Indian equities
Rupee remains relatively stable in H1 FY27 after 10% fall in FY26
The brief
- The rupee remained relatively stable in H1 FY27 after falling 10% in FY26
- The 10-year government bond yield rose around 13 basis points in H1 FY27
- Higher bond yields can weigh on rate-sensitive Indian stocks and raise borrowing costs
- Bond yields rise, raising the hurdle for Indian equities
- India bonds end choppy quarter at over 2-year lows as rate hike bets mount
- Indian bond yields ease as oil cools, Fed rate hike bets tumble ahead of RBI policy
- Bond supply may outweigh demand, push yields higher
- India bonds edge up on short covering as US yields cool