The FY27 borrowing plan pushes G-Sec interest rates higher; The rupee recovers after RBI intervention

Market participants said the central bank’s dollar sales and swap operations helped stabilize the currency and manage liquidity, amid pressure from higher borrowing plans. | Photo credit: Government bond (G-Sec) yields firmed on Monday after the Union Budget for FY27 proposed a higher government borrowing programme. However, the rupee recovered lost ground following reports of […]

Selective deployments in defence, CV cycle becomes supportive, value seen in ITC: Sandip Sabharwal

With the Union Budget just a day away, sharp moves in defense stocks and changing sector dynamics are making investors more selective, said market expert Sandip Sabharwal. Speaking to ET Now, Sabharwal emphasized that while the defense theme remains structurally strong, stock selection will be crucial going forward.He said the defense sector has gone through […]