FPIs increased their positions held under the fully accessible route to ₹2.51 lakh crore against ₹2.43 lakh crore a month ago.
The appointment of the new governor of the Reserve Bank of India has boosted the expectations of a rate cut in February.
This prompted foreign investors to take a positive view on the government bond market despite the rupee being under pressure.
The new RBI governor, Sanjay Malhotra, is perceived to be dovish in his approach; therefore, the market is confident about India going for a rate cut in February, said traders.
If the central bank does not go for a rate cut as expected, it may announce additional measures to infuse liquidity in the market, such as open market operations or buybacks.
Diese Geschichte stammt aus der January 01, 2025-Ausgabe von Financial Express Bengaluru.
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Diese Geschichte stammt aus der January 01, 2025-Ausgabe von Financial Express Bengaluru.
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