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Market move● Neutral for Indian equities
RBI Deputy Governor Poonam Gupta says Indian bonds have outperformed while equities lag
The brief
- India’s bond market has outperformed many other nations in recent years, Gupta says
- Gupta says equities could become attractive again
- India's key-tenor bonds may see relief after October-March supply cut
- Rupee and government bonds face pressure as oil rises and Iran diplomacy hopes fade
- Nifty logs longest weekly losing streak since Covid-19 crash in 2020
- Govt keeps restraint, H2 borrowing pegged at Rs 7.86 lakh crore
- 10-year Treasury yield hit a 19-year high—and some investors see opportunity to buy bonds