However, since 2013 – when the idea of index inclusion was first floated – the Indian authorities have made steady progress in facilitating foreign investment into IGBs. The announcement of IGBs inclusion in JP Morgan’s GBI-EM Global Diversified (GBI-EM-GD) Index is an acknowledgement of that progress from the global investors.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and