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“Our students have done remarkably well. They have been recruited by reputed companies despite COVID-19 disruptions,” U Dinesh Kumar, Chairperson, Career Development Services, IIM Bangalore said.

I expect that we will see a clarification from RBI that even at 5% inflation, if they need to cut the rates, they can cut rates, says Jayesh Mehta, MD & Country Treasurer, BofA - Merrill Lynch. What could have led to this kind of a spike in the yields and what does it potentially indicate for the global markets as well as our own?There are two different parts which are playing out. We are kind of aligned with US yields but there are two different things playing out very clearly. The US yields were too low and people are now pricing in very high inflation. In spite of the central bank saying that they will look through the inflation kind of a situation, people are pricing in a much higher inflation and therefore the long end of the curve is going up while the short end remains where it was. So, it is mainly the long end which gives jitters to the other assets because the interest rate also became an interesting asset play. At 150 and 180, it is where the technical breakout is. It ma...

After a brutal and harsh winter for the northern states, most parts of the country should brace for a hotter than usual summer this year, the weather office has said.Maximum temperatures will be as high as 0.86°C higher than normal across northern, eastern, and western India, the India Meteorological Department (IMD) said in its summer forecast published on Monday.However, the pre-monsoon months of March, April, and May will provide some respite for the other regions, especially south India, where the mercury is likely to dip as much as 0.57°C from its normal.The worst impact of the summer will be felt in Odisha and Chhatisgarh, where maximum temperatures will deviate 0.86°C from their usual averages. Last week, Bhubaneswar was the first region to record 40°C anywhere in India this year.81269729The cluster of north Indian states such as Delhi, Himachal Pradesh, Haryana, and Uttar Pradesh should brace for summer temperatures anywhere between 0.46°C to 0.71°C above normal.The onset of su...

MUMBAI: For decades, that annual summer trip to Oxford Street or Orchard Road defined global shopping for the resident Indian. This year, objects in the cart have a very different look and feel. Stocks and securities are what people seem to be buying these days instead of that exclusive evening wear or gold-plated cuff links.Hence, AMCs are lining up a series of new fund offers (NFO), seeking to meet the need for the resident investor to diversify asset ownership beyond home.Investor folios in international funds have more than tripled — from 1.63 lakh in January 2020 to 5.6 lakh in January 2021. 81262053SBI MF, the largest fund house by assets, has launched its first product in the international space, ‘SBI International Access – US Equity FoF’. The underlying scheme will be Amundi Funds – US Pioneer Fund. The NFO is open and closes on March 15. In this fund, 80 per cent of the money will be invested in US companies, with the flexibility to invest 20 per cent in non-US companies.HSBC ...

Toyota Kirloskar Motor (TKM) on Monday reported a 36 per cent increase in domestic sales at 14,075 units in February.The company had clocked domestic sales of 10,352 units in February last year."We started the year on a positive note and the trend continues as we close the second month of the year, clocking a growth of 36 per cent."Wholesales have been very encouraging and we are witnessing a high influx of customer orders month on month, thereby both significantly contributing to the growth story," TKM Senior Vice President Naveen Soni said in a statement.In fact, sales in February have been better than sales in January, he added."Moreover, new launches like the new Fortuner and Legender introduced in January and the new Innova Crysta launched in November 2020, have received a phenomenal response and have also been contributing to significant increase in both customer enquiries as well as customer orders," Soni noted.

The State Bank of India (SBI) announced an interest concession of up to 70 bps with interest rates starting from 6.7% onwards for a limited period offer till March 31, 2021. According to an SBI press release, the lender is also giving 100% waiver on processing fees. "The interest concession are based on loan amount and CIBIL score of the borrower. SBI believes that it is important to extend better rates to customers who maintain good repayment history.SBI home loan interest rates are linked to CIBIL score and start from 6.7% for loans up to Rs 75 lakh and 6.75% for loans above Rs 75 lakh, according to the bank's press release.Customers can also apply using the YONO App to get an additional interest concession of 5 bps. On the eve of International Women's day, a special 5 bps concession is being made available to the women borrowers, the bank state.

The way the commodities have rallied is very unlike most other cycles where just in the first few months of the cycles, you do not see commodity prices doubling across the board, says Sandip Sabharwal, analyst, asksandipsabharwal.com. After Friday’s chaos, would you be cautious for the next few days?We should see more corrections in March. Whether that correction happens today or we a bounce back today is very tough things to predict, but overall, if you look at the structure of the market in terms of valuations and the fact that what has led to the sell-off has been a spike up in bond yields globally, should continue because in the US economy, there is a recovery underway. On top of that, they are looking at another stimulus and that could overheat the economy. Banks make more money when a new cycle starts. How come banks led the selling on Friday?Normally bond yields will move up when the recovery cycle has started and there is an expectation of significant recovery. Obviously next y...

The biggest risk for India is the rising coronavirus cases, said Christopher Wood, chief global market strategist at Jefferies. In an interview with Sanam Mirchandani, Wood said that the key thing in 2021 for financial markets is all about how the Fed reacts when it becomes clear that they are way too easy. Edited excerpts:How are you viewing emerging markets against the backdrop of a surge in bond yields?I was expecting the bond market sell-off so I am not surprised. So long as the Fed is talking dovish, the stock markets will continue to rally. The risk to the markets becomes clear that the economies are rebounding more than the Fed was expecting. The risk is that there is a taper but for now Powell is still talking dovish. The stock market will keep going up and the bond market will keep selling off until the Fed reacts.The key issue is how they react. They may try and stop the bond market surge and long-term interest rates rising by adopting some version of what the Japanese call y...

To our shock and dismay we found that a recently deceased friend held all his assets in his sole name. The distraught wife who is still coming to terms with her loss will now have to run pillar to post trying to get her entitlements and benefits. She has to begin with establishing that she is the legally wedded spouse. When people argue over one investment or another, spending immense time making that decision, I so want to ask if they have given the same attention to what happens to the money after their death.The sad reality in many homes is that there isn’t even an easily accessible list of assets. There are insurance policies that the unexpected death should trigger; but beneficiaries don’t even know these exist! Death is tragic when it leaves behind people who don’t have the knowledge, influence or the power to access assets that are rightfully theirs. We have seen young fathers pass away without changing the nominees in their PF accounts, leaving the hapless wife at the mercy of ...

TOKYO - Solid demand for technology goods drove extended growth in Asia's factories in February, but a slowdown in China underscored the challenges facing the region as it seeks a sustainable recovery from the shattering COVID-19 pandemic blow.The vaccine rollouts globally and pick-up in demand provided optimism for a vast number of businesses that had grappled for months with a cash-flow crunch and falling profits.In Japan, manufacturing activity expanded at the fastest pace in over two years while South Korea's exports rose for a fourth straight month in February, suggesting the region's export-reliant economies were benefiting from robust global trade.On the flip side, China's factory activity expanded at the slowest pace in nine months in February, hit by a domestic flare-up of COVID-19 and soft demand from countries under renewed lock-down measures.China's was the first major economy to lead the recovery from the COVID-19 shock, so any signs of prolonged coolin...

Till a month ago, Nitin Aggarwal had no reason to alter the simple investment strategy he has followed for years. The Hyderabad based IT professional puts Rs 20,000 in equity funds and pours Rs 45,000 into the Voluntary Provident Fund (VPF) every month. “The VPF gives me 8.5% tax free returns, the highest for any fixed income instrument,” he says. However, the Budget proposal to tax the interest earned by contributions exceeding Rs 2.5 lakh a year could change this simple structure. Along with the mandatory contribution of Rs8,500, Aggarwal’s total monthly contribution to the Provident Fund is Rs 53,500, or Rs 6.42 lakh in a year. From April, the interest earned by Rs 3.92 lakh will get taxed, reducing Aggarwal’s returns to 5.85%. Since Rs 2.5 lakh contributed by him will still earn 8.5% tax free returns, his overall return from the Provident Fund will fall to 6.9%. “I am exploring other options that can give me better returns than 5.85%,” he says.His concern is shared by millions of P...

This year, only the list of listed equity investments of Berkshire Hathaway has been given. There is no commentary on any of the companies that they own or outlook and things like that, says Rajeev Thakkar, CIO, PPFAS MF. What do you make of Warren Buffett’s letter this year?The interesting thing about this year’s letter is what is not there in the letter. People eagerly wait for the letter to get his commentary on the yield environment, on the market environment as to the listed equity and other things. He has said that bonds are not the place to be in now. He has said that before given the low interest rate. However, he has not said what should be done with the money that either Berkshire Hathaway has or other investors may have in the absence of bonds. This year, in the letter, there is a section on investments -- the listed equity investment of Berkshire Hathaway. This year, only the list has been given. There is no commentary on any of the companies that they own or any of the out...

Strong economic recovery will keep markets buoyant for quite some time to come and data-savvy new investors will ensure equity market participation is high, Dinesh Thakkar MD and Chairman, Angel Broking tells ET Wealth.With markets at record highs, what are your expectations for the next few years?Markets have shown tremendous recovery in the span of just 10 months. From the record lows of Nifty’s 7,500 points to 15,400 points now on the back of high liquidity flows, we are looking forward to a strong economic recovery to take this momentum forward. In addition, we have seen a lot of retail participation, especially among millennials and first-time investors, which shows their confidence in equity markets. We expect this trend to continue.What is the best way for investors to approach a runway market like this?Markets reflect growth in the economy. India has enough growth drivers to keep markets in a bullish mode for the long term. It is difficult to time the markets. The best approach...

ET Wealth collaborates with Value Research to analyse top mutual funds. We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.HOW THE FUND HAS PERFORMED 81240302WHERE THE FUND INVESTS 81240310BASIC FACTSDate of Launch: 10 April 1999Category: EquityType: ELSSAUM (As on 31 Jan 2021): Rs 4,151 crBenchmark: NIFTY 500 Total Return IndexWHAT IT COSTSNAV(As on 23 Feb 2021)Growth option: Rs 701.3175Dividend: Rs 42.9452Minimum Investment: Rs 500Minimum SIP Amount: Rs 500Expense Ratio(As on 31 Dec 2020) (%): 1.89Exit load: 0%FUND MANAGERS: R. Janakiraman, Lakshmikanth ReddyTenure: 4 years, 8 months eachTop 5 sectors in portfolio (%) 81240336Top 5 stocks in portfolio (%) 81240349Recent portfolio changesNew Entrants: Housing Development Finance Corp (Jan)Complete Exits: Dish TV India (Nov). Ambuja Cements (Dec. Titan Company, TVS Motor (Jan).Additions: Kotak Mahindra Bank, City Union Bank (Jan)How risky is it? 81240360Source: Va...

"Nevertheless it was the natural reaction of most Germans, or Austrians, or Hungarians— indeed as for any victims of inflation—to assume not so much that their money was falling in value as that the goods which it bought were becoming more expensive in absolute terms”.That’s a quote from the book When Money Dies by Adam Fergusson, a British journalist and politician. People who are familiar with economic history will know that this refers to the hyperinflation in these European countries after their defeat in the First World War. From June 1918 to November 1923, the total inflation in Germany was 9,248,560,000,000%. From its pre-war (1914) exchange rate with the US dollar of about 4 marks to a dollar, the German Mark was reduced to an exchange rate of 4,210,500,000,000 Marks to one dollar in November 1923, when it was finally abolished. Of course, the currency had become meaningless by that time, so much so that you can find photographs online of people using currency notes as wal...

AstraZeneca Plc has sold its 7.7% stake in Moderna Inc for more than $1 billion after the U.S. biotechnology company's shares soared on the back of its coronavirus vaccine breakthrough, The Times reported. The report added that it was not clear over what period British-based AstraZeneca sold its holding in Moderna. AstraZeneca and Moderna did not immediately respond to requests for comment. AstraZeneca is retaining partnership with Moderna on other disease treatments and could sell its AstraZeneca/Oxford University COVID-19 vaccine on a commercial basis in future if the virus becomes endemic, the report added. Moderna, whose vaccine is cleared for emergency use against COVID-19 in the United States, said last week it was expecting sales of $18.4 billion from its coronavirus vaccine this year.

From being among the first fund houses to foray into the mid cap space, to having schemes in many new themes and spaces, Sundaram Mutual has come a long way in the last 25 years. We spoke to Sunil Subramaniam, MD & CEO, Sundaram Mutual, to talk about the long journey from Sundaram Newton to Sundaram BNP Paribas and now Sundaram Mutual. Edited Interview.Sundaram Mutual has completed 25 years in the industry. What do you want to say?A big thank you to our customers and distributors. Uninterrupted profitability while sticking to our core brand values would not have been possible without their unflinching faith in us.How has this journey been from Sundaram Newton to Sundaran BNP Paribas and now Sundaram Mutual?The journey has been one of massive learning - starting with fixed income products with Newton, discovering the joy of unearthing new investment opportunities in equites especially the Mid and small caps as Sundaram Mutual, adopting international risk management and institutional...

ET’s weekly roundup of the wackiest whispers and murmurs in corporate corridors & policy parlours:Eye on IndiaEvery year after the budget, this legal eagle packs his bag and heads for an American rendezvous, catching up with clients and updating them about the Indian dream. This year, thanks to the travel restrictions, that wasn’t possible and it had to be a virtual session. The exuberant gent lined up a series of transactions that he felt were top of the charts in terms of complexities and smooth execution. Odd though that most that made the cut were ones his firm had been involved with. We don’t know if the controversies that each one of them had attracted were also mentioned.Dickie SeatsThis sporting arena that made global headlines also houses close to 75 AC boxes for VIP guests. During the recent event, several local and national corporates spent Rs3.5-5.5 crore to buy these prime seats, only to be disappointed due to the early end of the game and the sub-optimal arrangements....

The 78th Golden Globes went live on Monday, taking place virtually for the first time in the history of the award show. The event is hosted by none other than comedians Tina Fey and Amy Poehler, who are returning for the fourth time, after hosting in 2013, 2014, and 2015. The two are hosting the show from opposite coasts due to the Covid-19 pandemic. Fey is presenting the show live from New York’s Rainbow Room, Poehler is live from the Beverly Hilton, in Beverly Hills, while nominees from various locations around the world join in. 81265058Mark Ruffalo, British actors Daniel Kaluuya and John Boyega, Aaron Sorkin and animated film 'Soul', were among the early winners at Sunday's virtual Golden Globes ceremony.Daniel Kaluuya wins the award for Best Performance by an Actor in a Supporting Role in Any Motion Picture at the… https://t.co/a0YKu4CxVU— Golden Globe Awards (@goldenglobes) 1614566463000 Ruffalo bagged the Best Actor in a TV series, while Emma Corrin won Best Actress ...

Bengaluru: Inspired by the rapid pace of growth in the Indian esports sector, Animesh Agarwal, an esports professional, decided to move from just playing games to becoming an entrepreneur. The 25-year old, who launched a gaming talent agency recently, now divides his time between his gaming talent agency and attending invitation-only esports tournaments globally.Esports, which takes the form of organised, multiplayer video game competitions, particularly between professional players who are playing individually or as teams, is broadcast live for interested audiences, much like athletic sporting events.“Covid-19 really helped the gaming industry a lot because the only form of leisure apart from OTT platforms was gaming. We saw a huge surge of people following us across YouTube, Instagram, Loco,” Agarwal said. “Since we are very optimistic about how 2021 would be for gaming, we are going heavy with investments that we are putting into our company.”Agarwal’s rise from a professional playe...

Tata Motors-owned Jaguar Land Rover (JLR) is open to the idea of a strategic partner for Jaguar after having decided to convert the iconic brand into an ‘electric only’ range by 2025. This is aimed at both reducing the time to market and building economies of scale.“We need to look at the opportunities in terms of architectures that we could utilise or we find to give us a type of stunning, jaw-dropping design, or it may be that we might actually develop a platform internally to deliver these products that are drop-dead gorgeous,” JLR CEO Thierry Bollore told investors Friday. “I want to say, the choice of the platform has to respect the proportion of designs that are going to be proposed to us.”Under the new roadmap “Reimagine”, JLR expects to double the pace of expansion (4.5% compounded annual growth rate) between FY20 and FY26 compared with a CAGR of 2.8% in the last six.It has set a target of attaining 30 billion (Rs 3 lakh crore) of turnover by FY26, which would take Tata Motors’...

Mumbai: Last month, Kuaishou listed on Hong Kong’s stock exchange at a valuation of $160 billion—nearly as much as larger rival TikTok’s worth. By way of comparison, the IPO makes Chinese short-video app almost as valuable as Qualcomm, a storied chipmaker and holder of foundational wireless technology patents, whose market capitalisation is $167 billion.These developments are being closely watched in India’s short-video space, which mushroomed in the aftermath of the TikTok ban in June last year.Over the past few months, Indian short-video apps have been consistently among the top free apps on Google’s Play store. Times Internet’s MX TakaTak, Dailyhunt’s Josh, Sharechat’s Moj are leading the pack and indicating the traction gained in the absence of their Chinese rivals.Investors see the Kuaishou IPO as a giant thumbs up for the sector. “It will be a big positive,” said Anand Lunia, founding partner at India Quotient, one of the investors in Moj. “Now you know how to value a non-America...

Former President Donald Trump hinted on Sunday at a possible presidential run in 2024, attacked President Joe Biden and repeated his fraudulent claims he won the 2020 election in his first major appearance since leaving the White House nearly six weeks ago. Addressing the Conservative Political Action Conference in Orlando, Florida, Trump vowed to help Republicans try to regain majorities - lost during his presidency - in the U.S. House of Representatives and Senate in 2022 congressional elections and dangled himself as a possibility for president in 2024. "With your help, we will take back the House, we will win the Senate and then a Republican president will make a triumphant return to the White House. I wonder who will that be?" he said, smiling. "Who, who, who will that be, I wonder." Trump's weeks away from Washington do not appear to have dimmed his anger at Republicans who voted to impeach or convict in a failed congressional effort to hold him responsibl...

The government on Sunday said that data collection of wholesale and retail prices of 22 essential commodities on a daily basis has improved following the launch of a mobile app from January this year. The Department of Consumer Affairs monitors prices of rice, wheat, wheat flour, gram dal, tur/arhar Dal, urad dal, moong Dal, masoor Dal, sugar, milk, groundnut oil, mustard oil, vanaspati, soya oil, sunflower oil, palm oil, gur, tea, salt, potato, onion and tomato. The price data is being collected from 127 centres across the country through food and civil supplies departments of state governments. "To improve the quality of prices data for reporting daily prices by the price reporting centres, the Department of Consumer Affairs launched a Mobile App on 1st January, 2021," the department said in a statement. The monitoring and predictive analysis of prices of essential commodities has taken a giant step forward, it said.The mobile app for price monitoring for 22 essential commo...

The existing restrictions due to coronavirus in Pune district of Maharashtra were extended till March 14 on Sunday, an official said. These include restrictions on movement between 11 pm and 6 am for non-essential activities, as well as closure of educational institutions, he said. The order was issued by District Collector Rajesh Deshmukh and Pune Municipal Commissioner Vikram Kumar, he said. The COVID-19 restrictions, from which essential services are exempt, had been imposed on February 21 due to the recent spike in infection cases. The district reported 1,505 new COVID-19 cases on Saturday, which took its total case count to 4,06,453. The death toll in the district till Saturday night stood at 9,235, officials said.

Lambasting the erstwhile Congress government in Puducherry, Union Home Minister Amit Shah on Sunday alleged V Narayansamy, who headed it, gave "cut money" to the "Gandhi family" from Rs 15,000 crore Central funds.Addressing an election rally of BJP in Puducherry, an enclave of the union territory, Shah claimed the Congress government, which collapsed earlier this month after losing majority, indulged in "petty politics" over Central schemes meant for Puducherry.He charged the former chief minister with focussing more on serving the "Gandhi family" in Delhi and giving "cut money".Hitting out at Narayanasamy for blaming the BJP for the fall of his government, Shah said many senior leaders were leaving the Congress "because it is collapsing across the country due to dynasty politics."Shah also ridiculed Congress leader Rahul Gandhi for saying there was no 'dedicated' fisheries ministry, and pointed out that Prime Minister...

India on Sunday described Sri Lanka as "Priority One" partner in the defence sphere and said the participation of its military aircraft in the 70th anniversary celebration of the Sri Lanka Air Force (SLAF) is indicative of the growing cooperation, camaraderie and friendship between the two militaries. The SLAF is celebrating its 70th Anniversary on March 2 and to commemorate the historical event, a Fly Past and an Aerobatic Display is being organised for the first time in the country at a grand scale. A total of 23 aircraft of the Indian Air Force (IAF) and Indian Navy would participate in the grand event. Sri Lanka is "Priority One" partner for India in the defence sphere, the Indian High Commission in Colombo said in a statement on Sunday. It said the assurance of India's fullest cooperation in the field of defence and security was recently reiterated to Sri Lanka's leadership by National Security Adviser Ajit Doval during his visit to Colombo for a trilat...

The Army has cancelled an examination for pan-India recruitment of general duty personnel after paper was found to have been leaked, officials said on Sunday. They further said at least three persons have been arrested in Pune so far. "The Indian Army has zero tolerance towards corrupt practices in the recruitment process for selection of suitable candidates," an official said. Based on a proactive joint operation with local police at Pune, a case of possible leakage of question paper prepared for Common Entrance Examination for Recruitment of Soldiers (General Duty) was reported last night, the official added. While further investigations are underway, it was decided to cancel the examination to ensure continuous transparency in the recruitment process.

The International Astronomical Union (IAU), an organisation which assigns official names and designations to celestial bodies, has recently confirmed the discovery of 18 new asteroids by Indian students as part of a global science programme. The International Asteroid Discovery Project was conducted by STEM and Space, an organisation working towards the learning of astronomy and space science in India, along with the International Astronomical Search Collaboration (IASC) as part of a NASA citizen science project. Over the last two years, 150 students from all around India participated in this two month long campaign to find asteroids, making this the largest asteroid discovery project in India, Mila Mitra, Co-founder and Academic Head of STEM and Space, said. In the project, the students from India, and across the globe analysed the high quality astronomical data provided by IASC -- an online scientific program for kids to discover Asteroids and Near Earth Objects (NEO). NEOs are rocky...

The 'Make in India' lion statue inaugurated by Karnataka Chief Minister B S Yediyurappa on Saturday has turned out to be the new attraction in the city, as passersby were seen catching its glimpse and clicking its pictures. The city civic body- the Bruhat Bengaluru Mahanagara Palike (BBMP)- has installed the statue of the roaring lion at Windsor Square, which is close to the Chief Minister's official residence. The statue, which weighs over 1,000 kg, is made from fibre-reinforced plastic, is 23 feet long, 4.5 feet wide, and 10 feet high. It is placed on a platform which rotates, officials said, adding that it will take nearly eight minutes for one complete rotation. Sculpted at Ghaziabad near Delhi the statue and the overall cost of the project that included beautified Windsor Square is Rs 1 crore, officials said. BBMP Commissioner N Manjunath Prasad said, Chief Minister Yediyurappa was the driving force behind the state.

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Swedish furniture major IKEA, which has a range of over 1,000 products as part of its children's range, is looking to scale up sourcing of toys from India for its operations in New Delhi, said a top company official.Besides, IKEA India is also aiming to have around 12 per cent of sales from kids' range of products in the coming years.The company, which currently sources only cotton-based soft toys from India, is also exploring to expand in some other categories such as wooden toys, said IKEA India Country Commercial Manager Kavitha Rao.IKEA, which has participated in the India Toy Fair, said it is exploring opportunities to partner with several players in the toy segment, which is a big focus area of the company.When being asked as to whether IKEA is going to increase sourcing of toys from India, Rao told PTI, "Of course, yes. That is one of the main reasons why we are part of the toys fair.""Because we could be a large buyer and of course, it is contingent on me...

NEW DELHI: Benchmark indices fell about 3 per cent last week as rising bond yield led to outflow of foreign institutional money, with most of the damage done by banking and auto stocks.In the BSE500 index, 270 stocks ended the week in the red while the rest gained, led by chemicals and commodity-based stocks.On the sector front, except metals which ended with strong gains, all the other indices ended with losses wherein heavyweights like auto, banking and IT were the top losers. Interestingly, the broader markets continue to outperform the benchmark wherein both the indices ended in the green.“Indications are pointing towards further slide in the Nifty and the next support at 14,400 and 14,200 levels. We expect volatility to remain high so traders should maintain extra caution in risk management aspects. The prudent strategy would be to use rebound to create shorts using options instead of naked futures,” said Ajit Mishra, VP - Research, Religare Broking.Here are 10 stocks that buzzed ...

EW DELHI: Remaining net buyers for second consecutive month in this calendar year, overseas investors pumped in Rs 23,663 crore in Indian markets in February on account of positive sentiment due to the Union Budget 2021-22 and strong third quarter earnings.Foreign portfolio investors (FPI) invested a net Rs 25,787 crore into equities but pulled out Rs 2,124 crore from the bonds market during February 1-26, the depositories data showed.This took the total net investment to Rs 23,663 crore during the period under review.Last month, the total net investment stood at Rs 14,649 crore.Rusmik Oza, executive vice-president and head (fundamental research) at Kotak Securities, said, "Most of the FPI flows this month can be attributed to the strong outcome of the Union Budget and third quarter earnings season."Besides, Geojit Financial Chief Investment Strategist V K Vijayakumar noted that the pace of FPI inflows has slowed since the US 10-year yield is spiking up.The US 10-year bond yi...