India, Sept. 2 -- By Saurav Mukherjee

Mumbai (Maharashtra) [India], September 2 (ANI): Elevated global bond yields and persistent crude oil price risks are bringing imported inflationary pressures to India, Dhiraj Relli, MD and CEO of HDFC Securities, told ANI News in an exclusive interview in Mumbai on Wednesday.

Commenting on the macroeconomic backdrop, Relli noted that while underlying macroeconomic growth remains strong with a 7.8 per cent GDP print, higher global bond yields and elevated commodity prices could compress corporate profitability, if sustained over coming quarters.

When asked to comment on market microstructure changes, Relli defended SEBI's Closing Auction Session (CAS) introduced to curb end-of-day Volume-Weighted A...