India bonds still a 'buy' for foreign investors despite post-election policy uncertainty





Despite a narrower-than-expected victory margin for Prime Minister Narendra Modi's alliance, fund managers predict that India's government bonds will continue to attract foreign inflows. Foreign investors have been actively investing in bonds throughout this year, and they maintained their buying momentum on Tuesday, even amidst the unexpected election outcome which impacted stocks, bonds, and the rupee. Concerns have arisen regarding populist spending and potential stalling of reforms following the election results.


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