Reserve Bank of India (RBI) is towards the end of rate cut cycle, says Vivek Rajpal of Nomura India. He further says that bond yields will rally only by 5-10 basis points (bps) if RBI cuts rate by 25 bps and expect the 10-year bond yield is unlikely to go to the level of 6.35.
In an indicator of discontent brewing at Infosys, its founders including NR Narayana Murthy, Kris Gopalakrishnan and Nandan Nilekani have raised with its board concerns over the governance of the company, according to people privy to the developments at IT major.
Note: Any changes made to your Portfolio today will be effective only in the next day's Networth mailer.
No comments:
Post a Comment