Page 7 - Jp Morgan

Sensex up 635 pts, Nifty near 19,050: Reasons behind market rally on Friday

Stock market highlights: JP Morgan, on Friday, upgraded India to 'Overweight' from 'Neutral' and recommended investors to use the near-term correction as an opportunity to add

Hindujas tap private credit, foreign banks for Reliance Capital buy

The Hinduja group had offered the shares of two insurance companies owned by Reliance Capital to raise funds and was in talks with Barclays, JP Morgan, Cerberus Capital Management and Apollo

India to become world's third largest economy by 2027, says JP Morgan MD

JPMorgan's managing director of Asia Pacific equity research, James Sullivan, said that India's GDP will double to $7 trillion by 2030

JP Morgan adds India to emerging market debt index; may boost G-secs

Industry experts say anything between $20 billion and $30 billion could flow in, at least on paper. There could also be more interest in Indian G-Secs among foreign investors

Domestic bond yield remains resilient, up only 4 bps amid global challenges

The significant rise in US Treasury yields was based on the view that the US Federal Reserve might keep the rates higher for an extended period

Indian IT firms set for 'washout' year, focus now on 2025: JP Morgan

The focus for this quarter's earnings reports will be on deal signings as well as the split of new deals versus renewals to assess fiscal 2025 growth, the analysts said

Vedanta close to raising $3 bn from JP Morgan, Standard Chartered: Report

The money will be used to escape default on Vedanta's upcoming payments

Marginal credit boost: Fitch on India's inclusion in JP Morgan's bond index

Fitch estimated that inclusion in the GBI-EM indexes could facilitate approximately $24 billion in passive inflows into government bonds between June 2024 and March 2025

JP Morgan Chief Dimon warns 7% US Fed rate still possible: Report

"We urge our clients to be prepared for that kind of stress," the JPMorgan Chase & Co. CEO said in an interview with the Times of India, saying a hard landing remains a risk for the US economy

Emcure Pharma plans $400-500 mn IPO in 2024; hires JP Morgan, Jefferies

Emcure, backed by private equity firm Bain Capital, has hired investment banks JP Morgan, Jefferies and Kotak for the IPO, and is targeting a valuation of about $3 billion

JP Morgan EM index addition: Banks, FIs look to raise Rs 18,000 crore

NABARD to issue social sector bonds on Tuesday

Managing flows

Govt's dependence on foreign funds should be limited

India to enter JP Morgan's EM bond index; set for $20 billion inflow

To have 10% weight, like China; no tax benefits for bond investors

Despite JP Morgan move, analysts remain watchful of bank stocks; here's why

The rally in PSBs, analysts feel, was more a knee-jerk reaction to the development, and the actual benefits will start to accrue once the addition takes place in 2024

Bond inclusion shows our fiscal prudence: Finance secy T V Somanathan

Senior FinMin officials says development showing confidence in the Indian economy

Inclusion of Indian bonds in JP Morgan index to widen investor base: CEA

The inclusion of G-Secs will be staggered over a 10-month period from June 28, 2024 to March 31, 2025, indicating one per cent increment on its index weight

Analysts see $25 bn inflow on Indian G-Secs' inclusion into JP Morgan index

Analysts expect the Wall Street major JP Morgan's decision to include the Indian government bonds in its global index from June next year will lead to a direct inflow of USD 20-25 billion in the country's debt market over 18-21 months. JP Morgan, announcing the inclusion earlier in the day, said India will have a maximum weight of 10 per cent in the index eventually and around 8.7 per cent in the emerging market global index. JP Morgan said in a statement on Friday that 73 per cent of investors are in favour the decision. The inclusion will be staggered over a 10-month period from June 28, 2024 to March 31, 2025. "We estimate this implies direct inflows of USD 20-25 billion over the course of the next 18-21 months, but some front-loading of inflows cannot be discounted," Rahul Bajoria, managing director and head of emerging market Asia (ex-China) at Barclays, said in a note on Friday. Japanese brokerage Nomura has pegged the inflows at USD 23.6 billion, which is 10 per cent of the

JP Morgan bond index rebalancing: Borrowing costs in India to get cheaper

Index providers are 'increasingly tilted' to include India to fill the gap expected due to Russia's exclusion from JP Morgan's emerging market bond index

Uday Kotak resigns as MD, CEO of Kotak Mahindra Bank effective September 1

As an interim arrangement, joint MD Dipak Gupta will carry out duties of MD and CEO until December 31

Bond market bulls at JPMorgan, Allianz double down on bet gone bad

That strategy is now misfiring once again, saddling them with subpar returns and testing their resolve as the selloff deepens week after week