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Indian government bonds saw gains early Thursday. The benchmark 10-year yield briefly fell under 6.50%. This rise followed continued central bank buying, boosting market sentiment. Investors are steadily increasing their bond positions. Traders are now anticipating new debt supply on Friday. Overnight index swap rates moved higher, tracking US Treasury yields.
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Hindalco Industries shares fell over 6% after its US subsidiary Novelis said a fire at its New York plant will dent FY26 free cash flow by up to $650 million and EBITDA by $150 million.
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Ola Electric Q2 Results: Ola Electric Mobility reported a narrowed consolidated loss of Rs 418 crore in Q2 FY26, an improvement from Rs 495 crore in the prior year. However, its consolidated revenue from operations saw a significant 43% year-on-year decline, falling to Rs 690 crore from Rs 1,214 crore in Q2 FY25.
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Groww’s Rs 6,632 crore IPO is receiving strong recommendations from top brokerages. Analysts are advising investors to subscribe, highlighting Groww’s leading position in India’s retail investing market. The company’s robust technology and future growth prospects are key factors. Groww’s expansion into new asset classes is also seen as a positive sign for long-term investment.
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SBI Mutual Fund’s Gaurav Dharmarha explains why multi-asset allocation funds are emerging as a powerful tool to beat inflation and manage volatility. With exposure to equity, debt, gold, and REITs, these funds offer tax efficiency, simplicity, and consistent returns — making them ideal for both new and seasoned investors seeking portfolio stability.
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