Tag: G-secs

G-Sec yields spike, rupee weakens on higher-than-expected US inflation

Crime Today News - 12/04/2024
[ad_1] Yields of government securities (G-Secs) spiked, tracking US Treasury yields, which rose due to higher-than-expected inflation. The rupee weakened against the dollar, which gained against most currencies due to the possibility that rate cuts may be delayed by the...

Banks’ overall profit in Q4FY24 could be buoyed by treasury gains

Crime Today News - 28/03/2024
[ad_1] FY24 has ended on a positive note for Bank treasuries, with Government Securities’ (G-Secs) yields softening on a year-on-year (y-o-y) as well as quarter-on-quarter (q-o-q) basis.What this means is that treasury profits could buoy Banks’ overall profitability in the...

Equity Markets and Gold Prices Surge After US Fed Rate Cut Hint

Crime Today News - 21/03/2024
[ad_1] Equity markets and gold prices rallied sharply after US Fed Chairman Jerome Powell indicated that interest rates would be cut thrice in this year, starting from June.The key benchmarks, Sensex and Nifty, opened on a positive note and surged...