JPMorgan is adding India to Its emerging-Markets Bond Index : Daily Market Update- Equity 22 Sep 2023

JPMorgan Chase & Co. will add Indian government bonds to its benchmark emerging-market index, a keenly awaited event that could drive billions of foreign inflows to the nation’s debt market. The decision is the latest sign of India’s growing appeal to international investors as the country’s economic growth outstrips peers as its geopolitical influence grows.