Bonds yields were trading lower on account of bargain hunting in bonds after previous session’s sell-off, with good demand for government bonds from foreign investors and state-run banks. Data released by Clearing Corporation of India (CCIL) showed state-owned banks were the major buyers of debt, with a net purchase of Rs 52.68 billion on Thursday.
Meanwhile, Brent crude eased below $103 a barrel on Friday after rising $3 in the past two sessions, with investors cautious over the tepid outlook for growth in the world's two largest oil consumers, the United States and China.
Back home, the yields on 10-year 8.79% - 2021 bonds were trading 1 basis point lower at 7.76% from its previous close of 7.77% on Thursday.
The benchmark five-year interest rate swaps were trading 1 basis point lower at 6.96% from its previous close of 6.97% on Thursday.
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: