Foreign ownership of Indian government bonds surged in August, driven by expectations of a US rate cut and JP Morgan’s inclusion of local debt in its index. This trend is likely to continue as global portfolio managers seek emerging market assets, with India benefiting from strong fundamentals and resilient economic data.
Stocks to buy: BPCL, Raymond Lifestyles and Ola Electric on investors’ radar
Benchmark indices ended flat amid a lack of near-term triggers. BPCL is advised to be avoided due to a lack of recovery signs. Raymond remains