Indian companies experienced the largest influx of foreign investment in their bonds in five years as the country’s largest-ever low-grade local currency debt sale attracted overseas investors enticed by the high yields. Goswami Infratech, a Shapoorji Pallonji group company, raised INR 143 billion ($1.7 billion) by selling zero-coupon bonds through private placement, offering a yield of 18.75%. This surge in interest resulted in foreign investors buying INR 47.1 billion of Indian local company debt on Wednesday, the highest inflow since 2018. The positive sentiment is due to strong economic growth, improved corporate balance sheets, and the Indian central bank’s decision to pause interest rate hikes.
CoreWeave shares surge over 26%, spark rally in battered AI cloud stocks
CoreWeave’s shares experienced a significant increase of over 26% due to strong revenue growth. The company’s recent earnings alleviated concerns about a potential artificial intelligence
November 11, 2026