💨 Abstract

MSCI added five Indian companies to its Global Standard Index, raising the country's weightage to 20%. This narrows the gap with China, which has a 26.8% weightage. The inclusion is expected to attract $2.5 billion in passive inflows and lift India's weightage in the index to a record 19.8%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖