Market News

The long-delayed EU–India free trade agreement is about to be signed, expected to boost Indian exports and market access, with Jefferies seeing potential stock market gains from lower trade barriers.

Indian government bonds gained as traders bet on increased support from the Reserve Bank of India through additional open-market operations and secondary market purchases. The benchmark 10-year yield fell, reflecting fresh buying interest amid expectations that the RBI will extend liquidity support to absorb heavy government debt supply and help stabilise the market.