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Month Wise #NIFTY #INDEX Return Chart- NIFTY PSU Index has zoom over 11% in last 3 days.
Bond markets to trade in a tight band this week
Bond markets to trade in a tight band this week: Jajoo
Sentiment in the bond market stabilised with the onset of the new year as benchmark 10-year yields eased 12 basis points last week to 8.84% on strong buying from mutual funds, foreign banks, insurance companies and pension funds.
The 10-year government bond yield in the previous week had spiked to near yearly high of 8.96% on apprehensions of announcement of a bond switch and the revised monetary policy framework documents, neither of which actually got announced.
Liquidity also improved after the seasonal quarter-end tight money environment eased with fresh flows in pension funds on interest payments. However, much of the move happened in pre-emptive buying in the first two days of the week till December 31 by which time the 10-year bond had already hit the weekly best of 8.80%.
Thereafter, the market broadly traded in a narrow range of 8.82-8.84% after the initial demand got filled. With large auction supplies in ...




Great
ReplyDeleteI do have DHFL NCDs which were AAA rated.
ReplyDeleteWhat is the fate of that now? Is selling them online bearing a huge loss advisable ?
If those were secured NCDs cant we get atleast the amount invested?