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India overtakes China in Morgan Stanley IMI, could lead to $4.5 billion equities inflows
Credit: IndiaTimes- Published on September 7, 2024
India has overtaken China in the MSCI Emerging Markets Investable Market Index, with a weightage of 22.27 per cent compared to China's 21.58 per cent. This change is expected to bring around $4.5 billion into Indian equities, reflecting India's strong macroeconomic fundamentals and robust corporate performance.