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Can Sensex Hit 86,000 in 2024?

Inclusion in JPMorgan bond index to deepen Indian debt market, lower cost of capital: Morgan Stanley

Inclusion in JPMorgan bond index to deepen Indian debt market, lower cost of capital: Morgan Stanley
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Business News | Inclusion in JPMorgan Bond Index to Deepen Indian Debt Market, Lower Cost of Capital: Morgan Stanley

Get latest articles and stories on Business at LatestLY. In a significant development that could pull in foreign funds into India’s debt market, JPMorgan Chase & Co last week announced it will add Indian government bonds to its benchmark emerging-market index starting June 28 in 2024. Business News | Inclusion in JPMorgan Bond Index to Deepen Indian Debt Market, Lower Cost of Capital: Morgan Stanley.

Markets May Tank 40% If

The outcome of the general elections, the Morgan Stanley note says, has enough firepower to sway the markets on either side.

ITC hotel biz demerger allays capital allocation concerns, say analysts

ITC s move to demerge the hotel business into a new entity, ITC Hotels Ltd, is a step in the right direction and will allay investor s concerns on the company s capital allocation strategy in the medium-to-long term, said analysts at Morgan Stanley in a note. According to the company, the board of directors has approved in principle the demerger of the hotels business, wherein ITC will hold a 40 per cent stake in the new entity, and the remaining 60 per cent will be held directly by shareholders. The scheme of arrangement shall be placed for approval of the Board at its next meeting to be convened on 14th August 2023.

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