Top stocks in focus on 6 November 2017

Top stocks in focus on 6 November 2017

Domestic equity markets are probably to visualize a gap-down gap on Monday, trailing bully futures on the Singapore securities market (SGX Nifty) and mixed international cues.

At 8.00 am, bully futures commercialism on SGX were commercialism 59 points, or 0.57 per cent, lower at 10,427, indicating a negative begin for the Nifty 50. Here may be a list of high stocks that ar probably to be focussed in today's commercialism session

Reliance Nihon: The shares of Reliance Nippon plus Management Company (AMC) are going to be listed on the National securities market (NSE) on Monday. The mercantilism had opened for subscription from October 25 to October 27, 2017 in a very value band of Rs 247-Rs 252. The mercantilism was sold by 81.54 times at the shut of the bidding, with bids for 3,493 million shares value Rs 88,022.67 crore.

Crompton BSE 2.00 the concerns Greaves: native non-public equity cluster Everstone can enter in exclusive talks with the promoters of home appliances whole Kenstar to accumulate it once Advent International and Temasek-backed Crompton Greaves BSE 2.00 the concerns force out of the race, aforesaid 2 folks with direct information of the deal.

Reliance Industries: Citing a possible negative free income state of affairs attributable to serious debt repayments over ensuing 18 months, international ratings agency Moody's has down the credit outlook on Reliance Industries BSE -1.16 % to `stable' from `positive' however preserved the Baa2 ratings its long-run debt.

DLF: The Competition Commission of Asian country has approved Singapore's sovereign wealth fund GIC's proposal to accumulate a stake in a very rental arm of DLF for $1.39 billion or 8,900 large integer rupees, the country's largest property developer aforesaid in a very regulative statement.

Union Bank of BSE 3.64 the concerns India: State-owned Union Bank of India BSE 3.64 yesterday reportable loss of Rs 1,530.72 large integer for the quarter concluded Gregorian calendar month thirty, on account of rise in dangerous loans. The bank had denote a profit of Rs 176.67 large integer within the July-September amount of previous financial .

Gujarat Gas, Indian Bank: simply Dial, Torrent Power, Gujarat Gas, Indian Bank, Thomas Cook, HUDCO, Parag Milk, AstraZeneca company, hormone and Century Textiles ar a number of the BSE-listed corporations which can report Gregorian calendar month quarter results on Mon.

Titan BSE fifteen.10 the concerns Company: Analysts predict the corporate to deliver forty per cent earnings growth for FY18 and FY19 and are distribution a 50-times multiple on FY19 expected earnings. HSBC has maintained `buy' rating on Titan Company and raised target value to Rs 860 from Rs 700.The company's robust jewelry revenue growth momentum can still be a key catalyst for the stock's performance, the brokerage aforesaid.

ITC: The smoke maker aforesaid it plans to take a position Rs 10,000 large integer to line up food process facilities across the country. The Kolkata-based company is trying to own around 20 such units pan Asian country.

Punjab National BSE -0.82 the concerns Bank: CLSA has maintained `buy' rating on geographic region National Bank BSE -0.82 try to raised the target value to Rs 250 from Rs a hundred and eighty. The brokerage aforesaid whereas the stock has re-rated considerably on the rear of state announc ing recapitalisation of PSU banks, it remains positive on geographic region full service bank attributable to its robust deposit franchise.

Hindalco BSE -1.08 the concerns Industries: once strictly following a deleveraging drive, metal major Hindalco Industries BSE -1.08 the requirements to require a possibility from prepaying debt and needs to use money for enlargement. because the company appearance to line up new factories within the North American nation and China to cater to rising automotive vehicle demand through overseas subsidiary Novelis, back home, talks are  on to faucet into the high-speed railway phase furthermore as part and defence.

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Oil on the boil; crude prices may hit Rs 3,470 on MCX

WTI costs surged last week as elementary and government factors turned favorablewww.goldcruderesearch.com for costs. The dispute between Al-Iraq and Kurdistan and queries over the Asian nation nuclear deal could add a government risk premium to costs.


On the basic facet, the IEA and world organization monthly reports were auxiliary as demand forecasts stay higher and as world organization compliance improved. United States rig count and inventories fell once more last week, that extra to the top in oil costs. From a brief term perspective, worth action could stay stormy however the medium term outlook for WTI remains positive.


Oil costs witnessed stormy action for a couple of days once WTI listed around $50 however a trend looks to developing. The uptrend that started last week could continue because the backcloth remains auxiliary. Geo-political developments associated with the oil market are absent within the last number of years however appear to be coming once more.

Over the weekend, Al-Iraq stirred in forces to require back oilfields in metropolis that were controlled by ISIS earlier and were presently  fait of Kurdish military. The vote in Kurdistan has strained relations between Iraqis and Kurds and therefore the current conflict might probably hamper oil exports of around 0.55 mbpd happening through Kurdistan.


US-Iran relationship is additionally back to focus when Donald Trump refused to certify the nuclear deal last week. The deal goes back to the US Congress and will be entirely derailed if harder conditions are unilaterally obligatory on Asian nation. The sanctions on Asian nation might even be back if the US Congress takes a troublesome line. this is often probably to stay a geo-political risk premium engineered into costs within the short term as long as this uncertainty persists.
On the basic facet, the oil market has seen a ..

The world organization monthly report showed that total world organization output accumulated to 3 2.75 mbpd in Sept, up by 88,500 bpd compared to July however was a pair of.5% lower y/y. Socialist People's Libyan Arab Jamahiriya wired an additional 50,000 bpd because the Sharara field reopened when a pipeline blockade whereas Nigerian output rose by 50,000 bpd and remains close to 1.8 mbpd.

Saudi remains the largest contributor to the provision cuts whereas Iraq’s compliance remains low. Iraqi production rose by 40,000 bpd because of higher exports from the autonomous Kurdish region. Overall world organization compliance to output cuts was at 86 last month.


US output on the opposite hand is back close to its pre-hurricane levels of 9.48 mbpd and remains elevated in y/y comparisons. the expansion in production but looks to own plateaued if the rig count is a sign. United States oil rig count fell by five last week and was down by vi in Q3 compared to sharp will increase within the half of this year. the expansion in United States production has been the largest impediment to grease costs this year and any holdup on it front might offer an honest elevate to costs within the medium.

US liquid stocks stand close to 134 million barrels, down 14.6% y/y and therefore the lowest since June 2015. Gas stocks fell by 4 wheel drive last month and currently stand close to 221 million barrels, the bottom in 2 years. In Europe, ARA crude stocks are all the way down to lowest since Gregorian calendar month 2105.

On the total, fundamentals are turning auxiliary for oil costs as offer has began to flatten at a time once demand remains sturdy. Considering the higher than factors, the medium term outlook for oil costs remains positive however stormy action can't be dominated go into the close to term. Geo-political developments can closely watched on for any triggers.


In terms of worth action, MCX fossil fuel reversed sharply from 1-month lows close to Rs.3220 level last week to re-test immediate resistance around Rs.3360 before closing at Rs.3310- still higher by regarding a pair of.2% for the amount. wanting ahead, the recent upward bias appearance property with sturdy supports at Rs.3220-3160 zone and shopping for on dips is that the advisable strategy. Sustained breach higher than Rs.3360 might extend the rally towards Rs.3420-3470 levels.

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Rupee opens 31 paise lower against US dollar at 65.59

The rupee on Tues opened 31 paise down at 65.59 against greenback on account of shopping for of yankee currency by banks and importers amid sustained outflows by foreign portfolio investors.

The native currency on weekday settled twenty two paise up at 65.28 a greenback.

According to Angel Broking, USDINR spot is anticipated to interchange a range-bound manner reason being the positive commerce within the Asian markets currencies. However, robust works knowledge from the U.S.country|North American nation} and therefore the prospect for American tax cuts shall boost confidence within the world economy and therefore the U.S.A. greenback Index that successively can keep the rupee controlled.

Foreign portfolio investors stood internet sellers in domestic equity markets on weekday and sold shares value Rs 5,213 large integer with gross purchases and sales stood at Rs 7,200.40 large integer and Rs 12,413.59 crore, consistent with knowledge out there with facility CDSL.

Meanwhile, domestic equity markets opened in inexperienced on Tues following world cues. The BSE Sensex was up 248 points, or 0.79 per cent, at 31,531.96 around 9.20 am (IST), whereas NSE keen index was up 73 points, or 0.74 per cent, at 9,861.40 at round the same time.

Government bond yields announce their biggest rise in 5 months in September, as talks of associate redoubled October-March borrowing weighed on investor  sentiment, at the same time as a spike in inflation dominated out near-term hopes of financial easing.

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Stock Market Updates – Nifty trades above 10,100

The  INDIA VIX is up 1.13% at 11.76. BSE Sensex is  trading  at 32,338 down 61 points, whereas keen is trading at 10,107 down 33  points.

Nifty index is well commercialism on top of the necessary mark of 10,100. Nifty Pharma index has been moving higher within the afternoon hours. Dr Reddy’s is prime gainer within the index trading at Rs 2,469.55  per share, up by Rs 154 per share or 6.69%. Cipla and Divi’s laboratory also are among the highest gainers trading higher by more than 4%.

Other pharma stocks as well as Sun Pharma,, Lupin, Cadila and Aurobindo Pharma, also are trading higher by up to 3%.

At 2 PM, the S&P BSE Sensex is trading at 32,338 down 61 points, whereas nifty  is trading at 10,107 down 33 points. a complete of 47 stocks registered a recent 52-week high in trade these days, whereas 14 stocks touched a brand new 52-week low on the NSE. There area unit 544 advances, 1,087 declines and 329 unchanged stocks on NSE reflective negative undertone.

The BSE Mid-cap Index is trading down 0.42% at 16,031 and BSE capitalisation Index is commercialism down by 0.57% at 16,775.

There is some shopping for activity seen within the drug company sector whereas all the opposite sectors area unit losing radiancy within the morning trade.

Dr. Reddy’s laboratory, Lupin, Cipla, affirmative Bank and school Mahindra area unit among the gainers whereas Tata Motors, Z amusement, Hindalco, Coal Asian nation and Indiabulls Housing Finance area unit losing on the NSE.

The  INDIA  VIX is up 1.13% at 11.76.

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Nifty Surges To Record High, Extends Gains To 24% This Year: 10 Points

Nifty Surges To Record High, Extends Gains To 24% This Year: 10 Points

The Nifty hit a record high of 10,160, surpassing its August high of 10,137, while the BSE Sensex rose nearly 180 points.

All sectoral indices on the bovine spongiform encephalitis were commercialism within the inexperienced.

Indian stock markets surged to new highs nowadays amid firm world markets and robust shopping for from domestic institutional investors. The National stock market benchmark index good hit a record high of 10,160, surpassing its August high of 10,137, whereas the bovine spongiform encephalitis Sensex rose nearly 180 points. Noida-based Dixon Technologies created a blockbuster debut on exchanges with its shares rising over 65 per cent to Rs. 2,915 against its issue worth of Rs. 1,766. All the sectoral indices on the bovine spongiform encephalitis were commercialism within the inexperienced whereas gains were diode by oil & gas, capital merchandise and banking stocks. The broadest index of Asia-Pacific shares outside Japan rose 0.9 per cent to succeed in heights not visited since late 2007. On Friday, the Wall Street touched record highs, with the S&P five hundred surpassing a pair of,500.

Here area unit 10 things to understand concerning good, Sensex surge today:

The rupee has control firm against the U.S. greenback this year, rising nearly half dozen per cent year so far. billowing foreign inflows into Indian debt markets, optimism concerning acceleration in economic process from business enterprise second quarter and subdued inflation has boosted inflows into Indian debt markets. The rupee was commercialism at sixty four.03 against the greenback in early trade, against Friday's shut of sixty four.07. capitalist wealth in Dixon Technologies surged over sixty five per cent in an exceedingly day once the Noida-based manufacturer of shopper electronic product created a powerful debut on exchanges. Its Rs. 600 crore-IPO was signed 118 times on the rear of robust demand from institutional investors and high networth people.

Strong shopping for from domestic institutional investors (DIIs) has supported the twenty four per cent rally in Indian stock markets this year. in line with estimates, they need pumped up in around Rs. 70,000 large integer into stock markets this year until Sept.

Retail investors area unit pumping in near Rs. 5,000 large integer in mutual funds through Systematic Investment Plans or SIPs, that area unit investment vehicles offered by mutual funds to assist investors park tiny sums of cashfrequently.

The good has robust support at ten,000 levels, in line with domestic brokerage Angel Broking.

Asian shares hit decade highs nowadays and also the greenback control firm as there was relief that the weekend passed with no new provocation by D.P.R.K.. However, Pyongyang's nuclear ambitions are centre stage once U.S.President Donald Trump addresses world leaders at the United Nations on weekday.

Other vital events that might impact world markets this week: Some details of Mr Trump's tax plans may additionally emerge whereas elections in FRG and New Seeland can add further political uncertainty to the combination.

For markets, this week's main event, however, are the Federal Reserve's policy meeting on weekday and Wed, "This week is all concerning world liquidity, with the Fed wide expected to announce the unwind of its record on Wed," ANZ analysts same in an exceedingly note.

Analysts say that the rupee is probably going to stay supported notwithstanding the U.S. financial institutiondecides to pare its input. Inflows from world investors and also the RBI's record $400 billion reserves might keep rupee supported, they add.

Global rock oil costs were hovering close to five-month highs helped by forecasts for rising demand and also thegradual restart people refineries. This facilitate fuel a rally in domestic oil & gas stocks, with Reliance Industries rising zero.80 per cent.

Among the Nifty50 stocks, Tata Motors, Bharti Infratel, Bajaj automotive vehicle and L&T were among the highestgainers, up between one.5 per cent and a pair of per cent.

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15 money-making ideas for August with a budget below Rs 1,500

NSE’s Nifty50 index created historical past closing week, through reaching the psychologically vital 10,000 mark for the primary time ever.

The Nifty50 settled at 10,014 on Friday, up 1 per cent from 9,915 hit on July 21. This was once the fourth consecutive certain weekly shut for the benchmark index.

“there's headroom for the index to head greater. there may be various improve on the subject of particular person stocks and sectors, which were doing smartly. The index is heading against the 10,350 mark, which is conceivable over the following 10 periods,” stated Kunal Bothra, independent market skilled.

in response to quite a lot of brokerage recommendations, here are 15 inventory strategies that can doubtlessly ship solid features over the following 14-21 classes:

The inventory is at its prior resistance stage, which is now appearing as beef up. also, ABC corrective pattern completes at Rs 1,324.85, accordingly generating a buy sign. The inventory hit a low of Rs 1,318. The momentum oscillator, i.e. RSI is signalling certain divergence.

Based on various brokerage recommendations,

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Sensex Finishes the Day in Red on Weak Corporate Earnings

Indian share markets finished the buying and selling week under the dotted line as the August derivatives collection commenced on a subdued note amid disappointing salary by corporates.

on the closing bell, the BSE Sensex closed lower by means of 73 points and the NSE Nifty finished down 6 factors. The S&P BSE Mid Cap finished up with the aid of 0.5% whereas & S&P BSE Small Cap completed up by way of 0.4%. Losses were largely viewed in pharma shares, metallic shares and realty stocks. software stocks and FMCG shares completed within the inexperienced.

Asian inventory markets completed mixed as of essentially the most contemporary closing costs. The Shanghai Composite gained 0.11%, while the Nikkei 225 & the cling Seng fell 0.60% and 0.56% respectively. European markets are decrease lately. The CAC 40 is down 1.22% while the FTSE a hundred is down 0.69%. The DAX is off 0.73%.

The rupee was trading at Rs 64.14 in opposition to the US$ within the afternoon session. Oil prices had been trading at US$ 49.09 at the time of writing.

In information from the economic sector, world credit standing agency standard & poor's (S&P) scores expects large Indian corporates' revenues to witness growth of round 10% yearly over next 2 fiscal years. In its latest file, the agency has said that the credit quality of high corporates which is on the path of restoration is prone to reinforce over the following two years and can result in revenue boom.

The report in keeping with 'the prognosis of top a hundred companies according to market capitalisation' stated that the corporates' profitability can even be supported by rising demand and reasonable inflation.

It additional stated that increase developments are reversing in India's company field, as commodity centered sectors set to develop quicker than export-focused industries corresponding to data technology and pharmaceuticals and heavy industries' growth can be prone to be extra mentioned. alternatively, S&P found that asset-mild industries will face headwinds.

S&P expects the oil and fuel sector to deal with its vastly greater EBITDA margins, whereas telcos are prone to see a compression in margins because of severe competition. It additional cited that the important thing for deleveraging is to keep the debt levels beneath take a look at via low capex as demand is still elusive. The document also sees growing consolidation in domestic focused sectors, asset gross sales in infrastructure & power utilities and outbound acquisitions in export-focused sectors over the subsequent two years.

moving on to news from bank shares. ICICI financial institution share value plunged 3.6% in these days's change after the financial institution reported a marginal upward thrust of 3.5% in consolidated web profit for the primary quarter of current fiscal on asset quality woes.

The bank said a marginal upward push of 3.5% in consolidated net profit at Rs 26.04 billion for the primary quarter of the present fiscal. The financial institution's web revenue within the corresponding April-June quarter of 2016-17 stood at Rs 25.15 billion.

The financial institution's asset quality deteriorated with gross non-performing assets (NPAs) or unhealthy loans rising to 7.99% of the gross advances as on June 30, 2017, in comparison with 5.28% as on 30 June 2016. net NPAs rose to 4.86% of the online loans from 3.01% a year past.

in the meantime, consistent with Reserve financial institution of India data, credit off-take used to be right down to a decade low of 5.1% in FY17 in comparison with 10.7% a yr in the past. This used to be regardless of a declining cost of borrowing. the information shows the economic system would possibly still be reeling from the aftershocks of notebandi.

Rural regions bore lots of the brunt of the lending slowdown. RBI information presentations that growth in rural loans between 30 September 2016 and 31 March 2017 was once a mere 2.5%. the picture turns into clearer whilst you evaluate it with boom of 12.9% in the second half of of 2015-16.

moving on to news from FMCG sector. As per a piece of writing in the economic instances, ITC plans to quickly foray into fruits, vegetables and different perishable merchandise with investment underway to create local weather-controlled infrastructure for an effective supply-chain. Reportedly, annual shopper spend on the brands from the brand new FMCG businesses now stands at nearly Rs 140 billion.

ITC suggested a rise of 7.37% in its internet revenue at Rs 25.6 billion for the quarter ended June 30, 2017, as compared to Rs 23.84 billion for a similar quarter in the earlier year.

complete earnings of the corporate elevated by 4.41% at Rs 142.77 billion for Q1FY18 as in comparison Rs 136.73 billion for the corresponding quarter previous year.

ITC share worth finished the day up through 0.9%

moving on to news from pharma sector. Dr Reddy's share worth plunged 6.1% in today's market after it posted 53.2% 12 months-on-12 months fall in consolidated web revenue at Rs 0.6 billion for the quarter ended 30 June 2017 against Rs 1.three billion within the corresponding quarter closing 12 months.

In every other building, Dr Reddy's and biopharma company CHD Bioscience as of late announced a global licensing settlement for the scientific construction and commercialisation of Dr Reddy's segment III medical trial candidate, DFA-02.

As per an editorial within the financial instances, underneath the terms of the agreement, Dr Reddy's would obtain fairness in CHD valued at US$30 million upon an IPO of CHD or a minimum of US$30 million in money inside 18 months of execution of the settlement. Dr Reddy's may even obtain further milestone funds of US$40 million upon USFDA approval. as well as, CHD pays Dr Reddy's double-digit royalties on sales and business milestones.

Pharma stocks closed on a vulnerable be aware.

And here's a note from revenue Hunter:

The Nifty 50 Index ends its July expiry this week. Let's have a look how the index performed throughout the expiry.

The index traded on a strong notice all the way through the expiry. It opened gap down on the primary day of the expiry and hit a low of 9,449. but the selling was once transient because the index recovered later that day and went on to hit a contemporary life high in the 2d week of the expiry. The bulls didn't stop and the index stored hitting new life highs to reach the landmark determine of 10,000 in the final week of the expiry. at last, it ended the expiry 5.44% up.

In our previous rollover record, we talked about that it could be fairly difficult for the bears to penetrate the 9,400 stage as indicated through the strong open pastime (OI) prominent in the 9,400 put. as a result, the index reversed up from 9,449.

however as indicated, the bulls also needed to push the index above its 20-day exponential transferring average (EMA) in addition to the RSI indicator above 50 to regain strength, which they did within the first week of the expiry. This lead bulls to dominate the expiry and the index hit the 10,000 mark in no time.

So will the bulls continue to dominate in the August collection as well? watch out for our subsequent rollover file in profit Hunter publication out there Notes part.

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Top stocks in focus on Tuesday, 18 July 2017

domestic equity markets are likely to open on a terrible on Tuesday, monitoring Nifty futures on the Singapore stock trade (SGX Nifty) and blended global cues.

SGX Nifty was once down 27.50 factors, or 0.28 per cent, at 9,917 around 7.45 am (IST), indicating a weak begin for NSE Nifty index.

here's a listing of high shares which might be likely to be in center of attention as of late

Hindustan Unilever: The FMCG company will report its quarterly salary lately. The destocking by means of the change within the weeks prior to the GST rollout is more likely to abate the growth numbers. whereas the corporate’s earnings may grow 1-2 per cent, thanks to price increases, volumes could both stay flat or see a low single-digit decline.

ITC: The GST Council on Monday raised the cess on cigarettes to take away an estimated Rs 5,000 crore annual ‘windfall’ producers could have reaped from decrease GST charges, Finance Minister Arun Jaitley stated. then again, cigarette costs won't trade as a result of the increased cess, which turned into efficient from midnight.

RILBSE -1.70 %, ONGC: the federal government has ordered RIL, Shell and ONGCBSE 0.25 % to pay a mixed $3 billion in penalty following an arbitration award in the Panna Mukta Tapti (PMT) oil container dispute that went in favour of the federal government, according to individuals conversant in the matter. RIL and Shell have appealed the arbitration award in a UK court.

Coal India: studies instructed that Coal India's 10 per cent stake sale has been deferred following a sharp decline within the inventory value.

IOC, Oil India: Indian OilBSE 0.36 % is in talks to purchase out the government’s sixty six per cent stake in upstream major Oil IndiaBSE -0.22 %. this is all part of the Modi government's imaginative and prescient to create built-in oil and gas firms, and as announced by Finance Minister in his 2017 price range speech.

GAIL: The CCI has ordered a contemporary investigation in opposition to state-owned GAILBSE -1.42 % for alleged abuse of dominant place in regards to produce of pure gasoline. this is the second time in not up to every week the company has come below the lens of the watchdog for alleged unfair industry practices.

UltraTechBSE  1.78% Cement, CRISIL: Over a dozen BSE-listed companies will report June quarter numbers on Tuesday. amongst them could be UltraTech Cement and NBFC Sundaram FinanceBSE -0.62%, drugmaker Jubilant life SciencesBSE 2.14 %, rating company CRISILBSE 0.27 % and others.

TVS Motor: TVS MotorBSE 0.75 % surpas sed Hero Moto-Corp in scooter gross sales in the fiscal first quarter, growing at more than 35 per cent when the segment volume on the two-wheeler market leader fell marginally. The local two-wheeler unit of Honda Motor nonetheless perched atop the scooter market with a lead that used to be just about 3 times TVS Motor’s sales in the April-June length.

HCC: the company has alloted 47.6 lakh shares to Vijaya bank upon mortgage conversion under S4A scheme.

Thermax: the corporate has sought individuals' nod to reappoint MS Unnikrishnan as MD, CEO.

Gallantt Ispat: the corporate's board hs licensed availing of mortgage worth Rs 60 crore from HDFC bank

Bharti Airtel: reports recommend that telecom major Bharti Airtel may fit for consolidation as Etisalat Nigeria seems to be for buyers.

NHPC: the corporate's board will meet on July 27 to imagine elevating Rs 5000 crore by the use of bonds/debentures.

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Rupee opens 11 paise higher against US dollar at 64.34

The rupee on Monday opened 11 paise up at 64.34 towards buck due to selling of yank foreign money by using banks and exporters amid sustained inflows by way of overseas institutional traders.

The local forex on Friday ended flat at 64.45 towards america foreign money.

in the meantime, domestic equity markets opened in green following firm global cues. The BSE Sensex opened 32 points, or 0.10 per cent, up at 32,053, while NSE Nifty index opened 21.80 factors, or 0.22 per cent, up at 9,908.

foreign investors have poured virtually Rs 11,000 crore in the capital markets within the first two weeks of July, supported by way of the difficulty-free rollout of GST and stimulating Indian financial system.

the most recent inflow comes following a web infusion of over Rs 1.62 lakh crore in the previous 5 months (February-June) on a number of factors.

For the week ended July 14, government bond yields posted their largest weekly fall in 5 weeks, as retail inflation eased to a report low in June, growing expectations of a rate cut within the upcoming financial policy assessment assembly.

The GoI benchmark 6.79% 2027 bond yield remained regular at 6.46 per cent on Friday.

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