FPIs’ G-Sec purchases cross $10-billion mark

June 20, 2024

Nine months after JP Morgan announced the inclusion of Indian government debt in its emerging markets index, foreign portfolio investors have increased their ownership of sovereign bonds by over $10 billion. The influx of funds is expected to continue as India’s index weightage grows.

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Trent, the parent company of Westside and Zudio, announced its first-ever bonus issue, offering shares in a 1:2 ratio to over five lakh shareholders. The

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Morgan Stanley reiterates ‘Overweight’ rating on TCS, sees 10% upside potential

Tata Consultancy Services is gaining attention after Morgan Stanley reiterated an “Overweight” rating with a ₹2,880 target, implying ~10% upside. Despite short-term pressure on the

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