High yields sovereign papers may hit corporate bonds

An unexplained skew in the yield curve has meant that lower-tenure sovereign bonds are generating nearly as much as the 10-year benchmark. In such a rate environment, project-financing corporate bonds — of longer tenures — could suffer. Unless, of course, the wrinkles are ironed out.

TCS may post strong Q4 growth on deal wins

Some analysts expect a moderate margin improvement of 60-70 basis points from the December quarter margin of 26.6%. This is due to the absence of salary increase in the March quarter since the company had implemented it in the previous quarter.

Inflows into gold bonds at record high in FY21

The value of SGBs subscribed by investors was Rs 16,048.74 crore, the highest in any financial year since the bonds were launched by the NDA government in FY16. Inflows into gold ETFs in FY21, though the highest in a fiscal, were comparatively lower at Rs 6,918.96 crore.