“The GBI-EM Global Diversified 10% Cap 1% Floor (GBI-EM Global 10/1) is designed to track the performance of bonds issued by emerging market governments and denominated in the local currency of the issuer,” said an index research report by JP Morgan, dated August 31.
Ashi Anand sees defence indigenisation as key growth driver
IME Capital’s CEO, Ashi Anand, sees strong growth in Indian defence stocks due to indigenization efforts, despite Bharat Electronics’ slightly below-expected revenue. However, Coal India