JP Morgan, which owns a key global bond index, is said to be conducting a review of its constituents this month. Global investors will likely demand India’s inclusion citing concentration risk in China and exclusion of Russian sovereign bonds.
Northern Arc Capital IPO subscribed 2.87 times on Day 1. Check GMP, other details
Northern Arc Capital’s IPO, which opened for subscription on Monday, saw strong demand, especially from retail investors. The IPO was subscribed 2.87 times on the