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India’s inclusion in JP Morgan bond index may lead to yields falling by 30-40 bps to 6.8%: Saugata Bhattacharya
"This is a fairly big news. I am hearing that market analysts are expecting inflows of around $30 billion. $30 billion is a large amount of money, say almost Rs 3-3.5 lakh crore. This is just passive flows that that funds actively track. On top of that, there will be significant active flows — people anticipating the drop in yields and interest rates will try to bring money in. So we can easily see inflows of $40 to $50 billion."