India’s bond market has held up better than expected and is now outperforming its historical pattern, according to Reserve Bank of India Deputy Governor Poonam Gupta. She said credible fiscal commitments are helping anchor confidence, even as Indian equities have struggled in the shadow of global technology shifts and rapid advances in artificial intelligence abroad. Gupta suggested that, over time, equities could become attractive again as valuations and earnings adjust.
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"India’s Bond Market Outperforms as RBI Flags Renewed Equity Appeal"
India’s bond market has held up better than expected and is now outperforming its historical pattern, according to Reserve Bank of India Deputy Governor Poonam Gupta. She said credible fiscal commitments are helping anchor confidence, even as Indian equities have struggled in the shadow of global technology shifts and rapid advances in artificial intelligence abroad. Gupta suggested that, over time, equities could become attractive again as valuations and earnings adjust.
India’s Bond Market Outperforms as RBI Flags Renewed Equity Appeal
R
RDU Global Wire
Macro Economy & Fiscal Policy Desk
New Delhi, India Just now (11:36 PM IST)•4 min read
India’s bond market has held up better than expected and is now outperforming its historical pattern, according to Reserve Bank of India Deputy Governor Poonam Gupta. She said credible fiscal commitments are helping anchor confidence, even as Indian equities have struggled in the shadow of global technology shifts and rapid advances in artificial intelligence abroad. Gupta suggested that, over time, equities could become attractive again as valuations and earnings adjust.
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