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Indian bond yields experienced a notable increase, reaching their highest levels since early April, driven by market anticipation of a prolonged pause in the current rate-easing cycle. Institutional caution ahead of the upcoming inflation data further contributed to the firm yields. The benchmark 10-year paper s yields rose by four bps to 6.44%, with significant selling observed during the day.

Bessemer India Capital Holdings II is planning to sell its entire 15.67% stake in Medi Assist Healthcare Services through a block deal on Tuesday, potentially raising over ₹560 crore. The investment firm, part of the promoter group, intends to offload 1.1 crore shares at a floor price of ₹507 per share, a 4% discount from Monday s closing price.

The RBI s 3-day VRRR auction saw bids of ₹44,790 crore against a notified ₹50,000 crore, reflecting lower overnight rates. Recent VRRR auctions have experienced significantly lower bank participation when the notified amount exceeds ₹1 lakh crore. In Friday s auction, banks tendered only ₹13,045 crore against a ₹1 lakh crore offer, despite the RBI offering 5.49% on parked funds.

A report suggests Indian stocks edged past gold between 2019 and 2025. Nvidia s stock saw massive growth. Gold rose due to its safe-haven status and global events. Indian equities showed good returns, surpassing gold. Chinese equities had smaller gains. The Magnificent Seven index and cryptocurrencies also performed well. The US president s support boosted cryptocurrencies.

Indian equity indices rebounded strongly, recovering last week s losses, fueled by SBI s impressive Q1 results and optimism surrounding the upcoming Trump-Putin meeting. Short covering was observed ahead of the summit, with PSU banks gaining traction. However, caution remains due to technical indicators and geopolitical factors, including US tariffs on Indian goods.

The lender s assets under management (AUM) contracted 37% year-on-year to ₹7,688 crore at the end of June, from ₹12,193 crore a year ago, after it slowed loan disbursals to the overleveraged and defaulting bottom-of-the-pyramid borrowers.

Asian stock markets saw gains at the opening bell. Investors are awaiting the release of a crucial inflation report from the United States. This report is expected to influence the Federal Reserve s decisions on interest rates. The Nikkei-225 index in Japan experienced a notable increase. Meanwhile, Chinese stocks are under scrutiny following President Trump s extension of tariff pauses.

The Nifty saw a rebound after a six-week decline. Global market sentiment improved amid US-Russia peace talk reports. Analysts anticipate market firmness, watching US tariffs and US-Russia talks. Immediate Nifty support is at 24,337, with upside targets around 24,850 and 25,000. FIIs net sold shares, while DIIs were net buyers. The Rupee weakened against the US dollar.

Muthoot Microfin posted a Rs 6.2 crore Q1 profit after last quarter’s loss, down 95% YoY. GNPA rose to 4.85%, provisions increased, but collection efficiency improved, avoiding management overlay.

Indian markets ended higher Monday, with Nifty jumping 0.9% led by auto and bank stocks. Analysts see scope for further upside, recommending GE Power India and Paytm for near-term gains.