“For a three-year paper, Nabard was willing to pay 7.50%, but the demand was at 7.60-7.70%, so they did not raise funds through three-month maturity but raised one-year paper, and if rates are high, they will borrow short-term,” a senior treasury official said on the condition of anonymity. Source
India’s long-term growth trajectory remains intact, and we continue to believe structural drivers of the economy will support gradual growth improvement, says Anand Shah of ICICI Prudential AMC. Source
Nifty has slipped as the US-Israel conflict with Iran escalates, reigniting crude worries and reviving FPI selling. History shows markets rebound quickly from geopolitical shocks. But with oil near $80 and growth priced in, this crisis could test that resilience. Source
