INCOME TAX26 Sept 2026
Bond market performed well, equities less so: RBI Deputy Governor Poonam Gupta on what lies ahead | Mint
India's bond market has done well compared with most countries, but stocks have not kept the same pace, RBI Deputy Governor Poonam Gupta said in the RBI bulletin. She credits government fiscal discipline, credible monetary policy and easing inflation. Equities lag partly because markets like South Korea and Taiwan offer a stronger AI-led growth story. She expects Indian shares to look attractive again in time.
Key Statutory Highlights
- RBI Deputy Governor Poonam Gupta said India's bond market has performed well in recent years, both against its own past and compared with most other countries.
- She said the bond market's strength comes from the government's fiscal commitment, expectations of sustained high growth, credible monetary policy and declining structural pressure on inflation.
- Gupta said Indian equities have not matched that optimism, partly because other economies offer a more promising AI-led growth story, but she expects Indian equities to look relatively more attractive again in time.
Actionable Advice for Taxpayers / Founders:Treat this as the RBI's reading of market conditions, not a buy or sell signal. Review your debt and equity mix with your adviser before shifting allocations based on short-term bond or equity performance.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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