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.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Market expert Nischal Maheshwari advises investors to focus on fundamentals amidst market volatility. He notes large-cap growth remains single-digit, banks are poised for margin improvement,