India Stock Market News | India To Soon Top China Among Emerging Global Markets: Morgan Stanley

India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that, though already among the best globally, is "only past the halfway mark", Morgan Stanley said.

India's weightage in the MSCI emerging markets index rose to 19.8% after a rejig in August, closing in on China's 24.2%. India's weightage has steadily increased from 9.2% in December 2020, while China's has dropped from 39.1%. "A rising weight essentially means more absolute foreign flows," analysts led by Ridham Desai said in a note on Wednesday.

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[rajeshkrishnan]

Anyhow market will go correction coming months onwards

[tapk]

A perfect G- Media horribly gone wrong every time since election .😅