Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times

Profit-taking, debt supply stall India bond rally

Indian government bonds traded in a ​narrow range on Thursday ​as profit-taking and caution ahead of heavy debt supply offset ​support from the Reserve Bank of India's dovish policy signal.

The benchmark 6.94% 2036 bond yield ended at 6.7666%, versus 6.7722% on Wednesday. The yield has dropped nearly 7 basis pointssince August 3, ‌and fell ⁠to ⁠a three-week low in the previous session.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.