Foreign portfolio investors have offered positive feedback on Bloomberg Aggregate Index services, boosting the likelihood of Indian debt being included in the global index. Participants cited ease of trading, India’s sovereign rating, and competitive bond returns as key factors. This follows India’s inclusion in the emerging market local currency bond index earlier this year.
FIIs dump Indian stocks for 10th straight week as markets slide: Is the worst over or more pain ahead?
The Nifty 50 declined in all four sessions of the holiday-shortened week, hitting an intraweek low of 22,372 on Friday before closing 2.4% lower at