Indian government bond yields
rose on Monday tracking U.S. peers, while focus shifted to
demand at a state debt auction later in the day and local
inflation print due after market hours. . -Today at 12:49 am- MarketScreener
"The headline number on the inflation side is expected to shoot up and at the same time on the global front also we now have a very clear messaging from the Fed that the rates are going to be higher for longer and it is in anticipation of that higher number of inflation that the market was building the possibility of a rate hike. It is in that context that RBI has guided for a possibility of a rate action if there is a generalisation of that inflation."
"Overall, a well-balanced policy on expected lines with remote likelihood of any more rate hikes for now. A long wait for rate cut cycle as MPC re-iterates its commitment on 4% inflation target," says Vikas Garg, Head of Fixed Income, Invesco Mutual Fund.
MUMBAI, April 21 (Reuters) - Indian investors should
consider buying five to 10-year government bonds as interest
rates are likely to have peaked with expectations of easing
building up, a fund manager at Mirae Asset Investme. | 01:40am
BUDGET 2023 Reactions: Finance Minister Nirmala Sitharaman presented Union Budget for 2023-24 in Parliament on Wednesday February 1. She said that the Indian economy is on the right track and is heading toward a bright future, despite challenging times. Sitharaman said the economic growth in the current year is estimated to be at 7 percent.