Foreign portfolio investors have injected nearly ₹10,000 crore into Indian bonds over four trading sessions. The inflows reversed recent outflows from the debt market.
The purchases followed government measures that exempted eligible debt gains from tax and broadened the range of investment options available to overseas investors. Bond yields declined after the buying spree, reflecting improved sentiment toward Indian debt instruments. Market observers linked the turnaround directly to the new tax relief and expanded access rules.
