Indian mutual funds are likely to continue selling government bonds after record sales in January as supply-demand dynamics outweigh optimism over US trade deals for debt investors, five fund managers said. Funds sold net bonds worth 290 billion rupees ($3.2 billion) in January, the most on record, followed by 53 billion rupees on Monday, clearing […]
According to Ajay Tyagi of UTI AMC, Indian equity markets may continue to trade within a narrow range for an extended period as high valuations and subdued earnings growth trend upward even as domestic support remains strong.Markets have made intermittent gains over the past week, but overall sentiment has remained cautious despite continued selling from […]
The Indian market ended lower on Monday, with IT stocks leading the way, as renewed trade tensions between the US and China dented risk appetite. The sell-off followed US President Donald Trump’s escalation of tariff threats after Beijing tightened restrictions on rare earth exports. The S&P BSE Sensex fell 173.77 points, or 0.21%, to close […]