Elevated global bond yields continue to cause concern in the market. Analysts say the US Treasury's recent move to ease bond yields failed to provide lasting comfort, given surging crude prices and persistent inflation fears. Domestically, the RBI’s hawkish meeting minutes have pushed India's 10-year yield to a two-month high, driven by local inflation risks and tighter liquidity. Meanwhile, recent services PMI data shows domestic resilience amid an uncertain global environment.
Here are two stock recommendations for Friday:
