RBI's Auction Fiesta: Big Bids and Bond Surprises

The Reserve Bank of India held a double auction party on Friday! First, they offered ₹75,000 crore and got bids worth over ₹1 lakh crore, like winning the lottery! Then, they tried again with ₹50,000 crore but only got a few bids. Meanwhile, bond yields are rising as oil prices go up. What a wild day in the market!