Bond yields traded higher on Monday as commerce and industry minister Piyush Goyal said that actual investments under the Production Linked Incentive (PLI) schemes were Rs 1.46 lakh crore till August and expected to increase to Rs 2 lakh crore in the coming years.
In the global market, U.S. Treasury yields dipped on Friday after the release of key inflation data that showed the rate of price increases is close to the Federal Reserve’s target. Furthermore, oil prices settled higher on Friday but fell on the week as investors weighed expectations for higher global supply against fresh stimulus from top crude importer China.
Back home, the yields on new 10 year Government Stock were trading 11 basis points higher at 6.86% from its previous close of 6.75% on Friday.
The benchmark five-year interest rates were trading 11 basis points higher at 6.78% from its previous close of 6.67% on Friday.
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: