Following the Reserve Bank of India's recent cash withdrawal operation, Indian government bonds are poised for potential gains. However, the upward movement may be constrained by high oil prices and Treasury yields. The central bank initiated a 30-day variable rate reverse repo operation aimed at curbing liquidity in the banking system, while global economic factors continue to shape market sentiment.
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.