India’s entry into JPMorgan’s GBI-EM index is set to reshuffle $11 billion from various markets, impacting South Africa, Poland, Thailand, Czech Republic, Chile, and the EMEA region. With Russia’s exit, China, Indonesia, and Mexico maintain stable weights, affecting Latin America and boosting EM Asia.
Q3 earnings recovery could trigger market upswing: Nikhil Ranka
Nikhil Ranka from Nuvama Asset Management suggests that the market has corrected, presenting an 8–9% upside from the Nifty’s fair value. IT stocks appear to