NewsNovo
Foreign investors are building exposure to Indian government bonds while equities in the country absorb a sell-off.
The divergence points to a specific catalyst: the Indian bond market is preparing for what appears to be a likely inclusion in the Bloomberg index, and that expectation is moving capital ahead of any formal decision.
The read-through from equities The equity sell-off sharpens the signal rather than muddying it.
Capital leaving Indian equities while the bond market simultaneously draws fresh foreign interest suggests these are deliberate positioning decisions, not a broad country allocation gone sideways.
Keep reading