Bond yields traded lower on Thursday despite Industry body the Confederation of Indian Industry (CII) has said steps taken by the government is helping the country's exports to record positive growth and the trend is expected to continue.
In the global market, benchmark U.S. Treasury yields tumbled on Wednesday after data showed that inflation stayed benign in January, disappointing investors betting that price pressures would increase more than they did. Furthermore, oil prices fell, giving up some of the recent strong gains, although losses were curbed by production cuts and hopes that rollouts of vaccines will drive a recovery in demand.
Back home, the yields on new 10 year Government Stock were trading 5 basis points lower at 5.96% from its previous close of 6.01% on Wednesday.
The benchmark five-year interest rates were trading 7 basis points lower at 5.53% from its previous close of 5.60% on Wednesday.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: