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What India's Inclusion In JPMorgan's Elite Bond Club Means — Profit Insights
NDTV Profit decodes this milestone and what could this mean for the domestic marker and investors.
27 Jun 2024, 07:44 AM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![<div class="paragraphs"><p>(Image generated using Meta AI)</p></div>](https://media.assettype.com/bloombergquint%2F2024-06%2F6afdd1a2-a2a9-4e6e-9675-28be69745441%2FWhatsApp_Image_2024_06_26_at_10_48_53_AM.jpeg?auto=format%2Ccompress&w=200)
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The keenly anticipated event in India's bond market is set to become a reality soon. JPMorgan Chase & Co. will add the domestic gilts to its benchmark emerging-market index from Friday.Compelling reasons have already made global funds pile into the sovereign bond market since the announcement of the index inclusion.The benefits on the domestic institutions and overseas players could come from multiple fronts. One among these is that ...
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