Equity: Indian equities sustained the previous week’s positive momentum. S&P BSE Sensex and Nifty 50 rose 1.0% each.
Debt: Government bond prices ended higher. The yield of the 10-year benchmark 5.85% 2030 paper settled at 5.99% on February 12 compared with 6.09% on February 5.
Global: Hoping for further stimulus package from the US, most global equities trading in positive territory. US treasury prices were volatile with prices falling earlier due to optimism about stimulus talks and upbeat earnings and rising later on weak domestic economic cues. Crude oil prices rose due to output curbs from major oil producers, along with an unexpected fall in US crude oil supplies.
Categories: Market Update