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India’s weighting in global indices such as the MSCI Emerging Markets (EM) index — estimated to be tracked by funds with assets under management of $1.8 trillion — is set for a boost. MSCI has said it will increase the so-called foreign inclusion factor (FIF) for several Indian stocks with effect from December 1, and the finer details will be decided next month at its semi-annual review.
Many expect FTSE Russell, another major global index provider, to increase India’s weighting in its index.
Analysts at Motilal Oswal said MSCI’s decision would result in $3.5 billion of flows into the country,
