Indian bonds debuted in JP Morgan’s GBI-EM global index suite on Friday, with the country expected to reach a maximum weight of 10% in the GBI-EM Global Diversified Index over a 10-month period. JP Morgan’s analysts expect foreign investment worth $20-25 billion to flow to the local bond market from the move.
HCL Tech and Aurobindo Pharma among 9 stocks that can rally up to 21%. Time to buy?
These stocks belong to different sectors such as telecom, information technology, banking, and finance.