The rally in this space has bigger headline events.
1. The RBI Dividend.
2. The Bond Inflows.
3. The Rush to the quality and safety.
The bonding continues, elsewhere in the world, higher Dollar, Higher inflationary numbers despite the longer the rate cuts, will sure be looked at the cause of this sluggish inflation that is fiscal policies.
It is clearly you douse the fire, one has to release all the doors, or shut all the doors.
Not that suggesting a U turn in the indices, Month End expiry, overseas cues,
The Microwaves of this cycle suggests a down day than an up day.