Most Indian government bonds under the Fully Accessible Route (FAR) will be a part of the JPMorgan index. These papers have already seen inflows nearing $11 billion since the inclusion's announcement
Can high leverage spell trouble for Vedanta? Does India have enough pilots for its expanding fleet? Will strong order book give road-infra cos a fillip? What is index rebalancing? All answers here
BofA expects the Reserve Bank of India to raise rates by 25-35 basis on Sept. 30 and reckons the policy rate will reach 6.5% by end-2023, much later than what some investors are expecting
The quantum of buying and selling that is required on account of any index rebalancing also needs to be looked at from the prism of daily volumes in the counter