Retail inflation data and earnings crucial; profit booking Continues; positive global cues; crude oil rising; gold expected to increase on interest rate hopes
India’s Government Bonds (IGBs) have been included in the JPMorgan Government Bond Index-Emerging Markets (GBI-EM) starting with a 1% weight. It will gradually increase to 10% over the next 10 months.
The NDA's previous two terms have seen the launch of several NRI-friendly financial services and schemes. The third term promises to bring in further enhancements in this area.