JP Morgan, which owns a key global bond index, is said to be conducting a review of its constituents this month. Global investors will likely demand India’s inclusion citing concentration risk in China and exclusion of Russian sovereign bonds.
D-Street sees new highs as Beijing homes in on mortgage rate cut
India’s key stock indices surged nearly 2% to all-time highs on Thursday, driven by China’s decision to cut interest rates on mortgages. The Sensex briefly