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Indian government bonds fell for a second consecutive week, after hawkish commentary from the U.S. central bank pushed up Treasury yields, while continued worries over debt supply further dented investor appetite.
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Gold prices rebounded sharply by Rs 800 to Rs 1,14,000 per 10 grams in the national capital on Friday tracking firm global cues amid escalating geopolitical tensions and renewed trade frictions between the US and China.
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The initial public offering (IPO) of GK Energy Ltd, solar-powered agricultural water pump systems provider, got subscribed 2.57 times on the first day of bidding on Friday.
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Securities and Exchange Board of India and the Reserve Bank of India are in discussions on corporate bond index derivatives to strengthen trading activity in corporate debt securities, Sebi whole-time member Ananth Narayan G said on Friday.
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