The Rally For Corporate Bonds Is Over? Aditya Pagaria Explained

India's bond market is closely watching the next major trigger as government and state borrowing remains elevated this financial year. Aditya Pagaria, Senior Fixed Income Fund Manager, Axis Mutual Fund, explains how strong FPI participation has helped balance demand and supply in the debt market. He says Bloomberg Index inclusion could attract nearly ₹2 lakh crore in fresh inflows, providing further support to government bonds. However, any delay in the inclusion could create a demand-supply mismatch.