Reported 4 months ago
BlackRock Inc. maintains a positive outlook on Indian bonds after Prime Minister Narendra Modi's close election win, predicting that the government's fiscal consolidation path will remain intact. Despite market concerns about populist spending, BlackRock's Neeraj Seth, chief investment officer, believes it's a good time for long-duration investments, particularly in the more liquid seven- and 10-year bonds. India's cooling inflation and expected inflows from upcoming index inclusion further support this optimistic view on the asset class.
Source: YAHOO