Further, the aggregate limit of the notional amount of Credit Default Swaps sold by FPIs shall be 5 per cent of the outstanding stock of corporate bonds, RBI said.
Between April 2023 to January 2024, around 47% of the Nifty500 universe generated more than 50% returns & nearly 20% of the universe more than doubled their stock prices. Most of this action was witnessed in mid and smallcap categories.
The yield on 10-year benchmark ended at 7.23 percent on April 19, which was highest since January 5, when it was at 7.235 percent, according to the Bloomberg data