Volumes in India’s government bonds surged to the highest in more than a year, reflecting a revival of bullish spirits in a market emerging from a yearlong selloff, after the central bank signaled it may keep buying debt for four more months.
Indian bonds rose to over 8-month highs as rate hike fears faded after the central bank promised to keep buying government bonds to infuse liquidity, and also mentioned the probability of changing its rate stance if inflation risks do not mature.
Over four years of continuous learning about stock markets and testing different methodologies, I have finalized my portfolio of 20 companies. I wish to stick to it except for any dramatical changes in the economic scenario of India.
I am 31 years old working in IT industry. I have been interested in equity markets since I started my career in 2009. I have an engineering background but due to my interest I have completed CFA all 3 exams and read a lot of investment books.
After a tumultuous September and October, markets staged a smart comeback in November led by easing crude oil prices and a sharp pullback in the INR. Bond yields also eased 50bp from its recent peak providing a favorable macro backdrop.
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