The way for the first ever corporate bond ETF is clear as the union cabinet gave the approval. Edelweiss Asset Management Company would be launching this ETF under the name "Bharat Bond ETF". So, what is it all about. Let's find out.

The market opened higher on 5th December, The previous day witnessed the Sensex going up by 0.43 percent to close at 40,750.29 while Nifty going up by 0.41 percent to close at 12043.20.

In today’s RBI monetary policy, all the members of the Monetary Policy Committee unanimously voted for the status quo on repo rate and maintained an accommodative stance. 

The market opened higher on 5th December, The previous day witnessed the Sensex going up by 0.43 percent to close at 40,750.29 while Nifty going up by 0.41 percent to close at 12043.20.

The Government-owned finance company, Housing and Urban Development Corporation (HUDCO), informed the bourses that it reported a repayment default from two borrowing agencies.

On 5th December, overall volumes in futures & options currently stand at 2.55 crore contracts with a turnover of Rs. 18,09,044.99 crore.

On 5th December, overall volumes in futures & options currently stand at 2.55 crore contracts with a turnover of Rs. 18,09,044.99 crore.

All eyes would remain on it to see if it can defend its 20-DMA. If it holds and moves above the 12,100 mark, we could see 12,240-12,300 levels in the short term or, else, a consolidation between 11,800-12,050 levels could be seen. Stocks in news: HUDCO, Vedanta, HDFC AMC, Reliance, Karnataka Bank, Wipro, SBI, Bharti Airtel.

Despite the positive global cues, the SGX Nifty is indicating a soft start for the domestic benchmark indices. This start could be attributed to the nervousness of market participants ahead of the key announcement on rate cuts by RBI, due later in the day.

A few months ago, the financial media was flooded with the ‘inverted yield curve’, which is considered to be a precursor to a contraction in the economic activity. Now, a diametrically opposite phenomenon is occurring and we see that the yield curve is steepening. What does it mean for investors.