Us Bond Yields

Though rising bond yields could have some impact on foreign flows, analysts remain bullish on Indian markets' construct, saying that it is mainly being driven by domestic liquidity

Fed policy in line with expectation, but Indian shares may plunge if US bonds spike

Investors cheered the Fed commentary, pushing all the major Wall Street indices to fresh record highs. Asian markets also surged, tracking the mother market's gains.

How will the surge in US bond yields rub-off on other asset classes?

US bond yields have reached the highest level since 2007. Interestingly, in a break from tradition, gold and crude prices are also rising along with the yields, thanks to the global geopolitical uncertainties.

US bond yields dip despite better-than-expected flash PMI

Although bond yields have come down since Bill Ackman and Bill Gross said the US economy was slowing, the advance PMI for the US shows surprising strength  

Nifty at 20k: Here’s Atul Suri’s take on what can stop the market rally

Market expert Atul Suri highlights how a rise in US bond yields can hinder the growth of Indian markets. He believes that the narrative of rate hikes bottoming out towards the year end may prove false.

US bond market set for more tumult with Fed’s next move in limbo

No matter what the central bank does, investors face more pain after volatility surged to levels not seen since the 2008 financial crisis

Gold hits near 2-week low as US bond yields, dollar firm

Spot gold was down 0.2% at $1,834.09 per ounce, as of 0044 GMT, its lowest since May 20. U.S. gold futures fell 0.6% to $1,838.20.

Gold flat as dollar strength counters weaker US bond yields

Spot gold held its ground at $1,816.63 per ounce at 0047 GMT. U.S. gold futures edged 0.1% lower to $1,814.10.

Gold falls as firmer dollar offsets easing US bond yields

Spot gold was down 0.2% at $1,886.76 per ounce as of 0308 GMT, after rising more than 1% in the previous session, as U.S. May non-farm payrolls fell short of expectations.

Wall Street edges up as US bond yields stay tame

Stocks such as Tesla and Alphabet, which have struggled in recent weeks as bond yields advanced due to rising inflation worries, were among the top boosts to the benchmark S&P 500 index with the 10-year U.S. Treasury note holding below the 1.6% level.

DAILY VOICE | Rise in US bond yields beyond 2% could force EMs to raise interest rates: Divam Sharma of Green Portfolio

Selected mid and small-cap counters have room to grow disproportionately. We keep looking for companies with lesser debt and growth plans, says Sharma.

DAILY VOICE | FY22 is going to be a year of strong economic rebound in India, says Niraj Kumar of Future Generali India

India is on the cusp of a virtuous economic growth cycle, which will culminate into stronger momentum of earnings recovery and help markets perform reasonably well, says Kumar.

FII activity muted in March, they wrote calls and bought puts: Mehul Kothari of AnandRathi

The scrappage policy is good for the entire auto pack—private as well as commercial vehicles. However, old vehicles are not that high in numbers, so the benefit would be a long-drawn process, says Kothari.

Small & midcaps underperform, 31 BSE-500 stocks that fell 10-30% in a week

Global cues turned negative following a spike in US bond yields and a surge in COVID-19 cases across the globe, including India, leading to some bit of profit-taking at higher levels.

DAILY VOICE | Weak global cues a challenge in short term, but we raise Nifty's target for year-end to 17,200: Neeraj Chadawar of Axis Securities

Sector rotation will be the key to generate outperformance & we believe that a well-managed business where the earning and growth visibility is high, return ratios are very good will continue to do well irrespective of the weaker global cues, suggest Chadawar.

New highs possible but spike in US bond yields could put pressure on largecaps, says Jyoti Roy of Angel Broking

Roy says he remains positive on markets from a medium to long-term perspective and expects the Nifty and the Sensex to touch new highs despite any near-term volatility.

Sensex back above 51,000: 5 factors that gave a boost to the market

Strong global cues, vaccine news promises quick recovery across the globe, strong micro & macro data, as well as fall in the dollar index and stability in US Treasury Yields, lift sentiment.

US equity market is likely to shrug off rising bond yields

History suggests equity fall induced by bond sell-off is just a blip in a long-term bull market

GDP numbers below expectations; Nifty likely to touch 14,250 levels in short-term: Nirali Shah of Samco Securities

Investors can move their money to pharma stocks during this correction as they have been consolidating for some time now and could see some pickup, says Shah.

Nifty likely to hit fresh record highs of 9,500-9,600 in 4-6 weeks: Mohammed Apabhai

The market is currently driven by global liquidity and it would be too early for investors to take money off the table, Apabhai of Citigroup has said. Yes, valuations do look extreme but investors should not worry about that too much and enjoy the liquidity party for a month of two.

Nifty will break Brexit day low; like auto: IL&FS

Vibhav says demonetisation or not, the Indian market is bound to suffer due to this in the near-term. Nifty, he says is sure to break the Brexit day low point of 7,927 points.

Don't see tide turning for EMs on a strong $: Australia Bank

As of now, global investors are a bit cautious on India because they don‘t understand the risks and therefore are unable to plot for the short-term, said Nick Parsons, Head of Research, UK & Europe, National Australia Bank.

See big rally 3 months on, whatever the earnings: Tata MF's Jain

The 41-year old Jain‘s theory is based on the bet that governments in developed countries will switch to fiscal stimulus to revive their economies, since monetary stimuli by central banks have been shown to be largely ineffective.

Currency woes, higher US yields may drag Nifty lower near term

Brokers expect a steep sell off in many small and midcap companies which could see pressure on cash flows in the short term because of the government‘s move to demonetize Rs 500 and Rs 1000 currency notes

Indian rupee opens at 64.03 per dollar; slips 11 paise

Expect rupee to trade in the range of 63.80-63.95/dollar today, says NS Venkatesh of IDBI Bank.