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MSCI increases India's weight in Emerging Market Index, narrowing the gap with China.
India's weight in MSCI's Emerging Market Index is set to rise by at least one percentage point, narrowing the gap with China, as global investors increasingly favor India amidst China's economic challenges and strained relations with the West.
This shift could position India as the new anchor for emerging market equities, potentially driving increased flows into the country.
As a result, India's NSE Nifty 50 Index has risen 12% this year, while Chinese stocks have struggled.
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MSCI aumenta el peso de la India en el Índice de Mercado Emergente, reduciendo la brecha con China.