Between July 2017 and March 2018, the yield on 10-year benchmark bonds in India went up 138 bps from 6.40% to 7.78%. In the last 10 days, the bond yields have fallen 60 basis points from 7.78% to 7.18%. The first trigger for the fall was when the government Read more [...]

The week is a data heavy week with the quarterly and annual results for the fiscal starting off. Additionally, there will be key macro data on the front of CPI inflation for March and IIP for Feb coming out this week. Watch for data action. The Read more [...]

Morgan Stanley expects the RBI to go for a rate hike in the fourth quarter of 2018. Morgan Stanley feels that inflation may be more under control by the fourth quarter and the IIP growth as well as the GDP growth will also be on a surer footing. However, Read more [...]