Bond yields traded flat on Tuesday, as India’s manufacturing sector activity witnessed a significant loss of growth momentum in May due to the intensification of the COVID-19 crisis and its detrimental impact on demand.
In the global market the dollar languished near multi-month lows versus major peers as traders pondered the prospects for early policy normalization by the Federal Reserve ahead of a key jobs report at the end of the week. Furthermore, oil prices rose ahead of an OPEC+ meeting and on optimism that fuel demand will grow in the months ahead with the summer driving season starting in the United States, the world's top oil consumer.
Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.02% on Monday.
The benchmark five-year interest rates were trading 2 basis points higher at 5.60% from its previous close of 5.58% on Monday.
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: