Market Wrap: D-St ends third week in green on foreign inflows, US trade deal optimism; Sensex adds 260 pts, Nifty above 24,340

Market Wrap: D-St ends third week in green on foreign inflows, US trade deal optimism; Sensex adds 260 pts, Nifty above 24,340

Indian benchmark indices closed higher on Friday, marking their third consecutive weekly gain, supported by optimism over a potential India-US trade deal and steady foreign inflows, as foreign portfolio investors continued their buying streak for the 11th straight session. The benchmark BSE Sensex added 259.75 points or 0.32% to close at 80,501.99, while the broader … Read more

Bond Street to see $2-3 billion foreign inflows a month after inclusion in JP Morgan Index

Bond Street to see -3 billion foreign inflows a month after inclusion in JP Morgan Index

Mumbai: The sovereign debt market will see foreign flows worth $2-3 billion per month once domestic bonds are included in a JP Morgan index this week, with the pace likely to accelerate once the US starts cutting rates, Standard Chartered Bank‘s India head of financial markets said. “We have a different profile spread across clients. … Read more