The 10-year Indian government bond yield decreases -0.43% to 5.796% from 5.821% in the week gone by. US 10 year benchmark decreases to -25.77% as compared to 0.710% in the previous week.
Crude oil declined on oversupply concerns and a resurgence of coronavirus infections could stunt the pace of recovery from lockdowns.
S&P Global Ratings affirmed its ‘BBB-‘ long-term and ‘A-3’ short-term unsolicited foreign and local currency sovereign credit ratings on India. S & P envisage limited progress over the next two to three years in addressing India’s key credit weaknesses: Its high annual general government deficits and associated debt stock.
Industrial production for the month of April displayed a severely disappointing performance, thereby registering a sharp contraction of 55.49% YoY as against the 3.2% growth in April 2019 and 18.32% contraction, a month ago.
Globally, The Federal Reserve left interest rates unchanged and near zero as the central bank projected a slow economic recovery from the pandemic-induced recession.
Trade AnyTime AnyWhere With Elite Empower Mobile App
FII/FPI IN DEBT MARKET
|S&P BSE SENSEX||33780.89||34287.24||-1.48|
Get All Your Mutual Fund Portfolio Retuns on Your Mobile by Elite Kuber App
|Policy Repo Rate||4.00%|
|Reverse Repo Rate||3.35%|
Get Stock Market Recommendation By Our Research Analysts
|Foreign Exchange Reserves ( June. 2020)||$500.0 b||$493.48 b|
|WPI Inflation YoY (Apr)||0.0%||1.00%|
|Inflation Rate YoY (Apr)||5.68%||5.91%|
Open Your Demat Account to Invest in Upcoming IPO’s
|10 yr bond yield||5.796%||5.821%|
|3yr bond yield||4.556%||4.569%|
|1yr bond yield||3.790%||3.790%|
|US 10 yr benchmark yield||0.710%||0.893%|
|07.37 GS 2023||16/04/2023||4.5600%||4.6100%|
|07.32 GS 2024||28/01/2024||4.9700%||5.0100%|
|07.17 GS 2028||08/01/2028||6.0300%||6.0900%|
DISCLOSURE IN PURSUANCE OF SECTION 19 OF SEBI (RA) REGULATION 2014
Elite Wealth Advisors Limited does/does not do business with companies covered in its research reports. Investors should be aware that the Elite Wealth Advisors Limited may/may not have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as read more
For Daily Share Market Updates, Daily debt market review, Market Research Analysis reports, Weekly Techno-Funda Report, Fundamental Analysis Report, Monthly Recommended stock Picks, Equity Trading Tips, Upcoming IPO/NFO/Bonds/Ncd’s updates & other related information Subscribe our research plan