Bond sales nosedive as Covid 2.0 cripples India Inc’s capex plans

Bond sales nosedive as Covid 2.0 cripples India Inc’s capex plans

MUMBAI: This is a classic ‘this-time-that-year’ tale. Much of India is now sealed. So it was last summer, perhaps even more hermetically. But through that closed season, corporate bonds had opened to record subscriptions. Twelve months later, the deluge has dried to a dribble, mimicking the padlocked real economy beyond SoBo. Companies have cumulatively sold Rs 36,720 crore worth of bonds in FY22, JM Financial data showed. That compares with

About Author

Related posts

US 10 YR. T-NOTE

US 10 YR. T-BOND Price Technical Analysis, Chart and Latest News

US 10 YR. T-NOTE Price Technical Analysis: Weekly Chart In the weekly charts, US 10 YR. T-NOTE is trading in a down channel. 10 YR. T-NOTE is currently trading below all SMA. RSI is in selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness. The...

Read More