Thursday marked a positive performance for Indian government bonds, buoyed by falling oil prices that alleviated fears tied to the U.S.-Iran crisis. The Reserve Bank of India took decisive action to lure foreign investors and stabilize the rupee, creating a favorable atmosphere for bond trading. Investors are looking ahead to Friday’s bond auction and inflation data, with expectations running high.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets