Ahead of the Union Budget, experts Suyash Choudhary of Bandhan AMC and Abhishek Upadhyay of ICICI Securities PD analyse the state of India’s bond market. Choudhary argues the market is stable due to RBI’s support but sees yields rising on global cues, projecting a 6.55-6.85% range. Upadhyay anticipates a fiscal deficit of 4.2% and net borrowing of ₹11.6 trillion.
