India Will Be In Trouble
Indian Debt will be included in the global bond market , to acquire more funds to maintain growth in the economy. But............... Will it happen??? RBI Governor Raghuram Rajan had already discussed India's inclusion with the Global Bond market. For this Indian bonds must be indicised and apart from that it must be graded by International agencies. This comprises of Government Bonds, Corporate Bonds and High Yield Bond. This index can give you an idea that Bond market is bearish or bullish. Actually Bond work in viceversa with the stock market. If Bond market is bullish, stock market will fall down. If Stock market is bullish, Bond market will be in the beating end. This will bring in lot of Foreign Institutional Investors [FIIs] in the Indian market. But it will take more than one year to reform the Bond market in India.