India is poised to surpass China as top anchor country in MSCI Emerging-Market Index.

From Google: 2024-08-11 19:00:00

India is on track to overtake China as the anchor country in the MSCI Emerging-Market Index, according to Bloomberg. Currently, China holds the top spot with a weight of over 40%, while India lags behind at about 9%. However, this gap is expected to narrow as India’s market capitalization grows rapidly.

Investors have been increasingly drawn to India’s stock market due to its strong economic growth and potential for further expansion. As India continues to implement structural reforms and improve transparency, foreign investments in the country are expected to increase. This could lead to a significant boost in India’s weight in the MSCI EM Index.

MSCI Inc., the index provider, is set to announce changes to the MSCI EM Index in June. Analysts predict that these changes could result in India’s weight increasing to around 13%, bringing it closer to China’s current level. This shift reflects India’s growing importance in the global market and its strong investment potential.

In recent years, India has made significant progress in attracting foreign investments and improving its economic outlook. The country’s stock market has been performing well, with several sectors showing promising growth prospects. As India continues on this trajectory, it is expected to cement its position as a key player in the global economy.



Read more at Google: India Set to Close In on China as MSCI Emerging-Market Stock Anchor – Bloomberg