 "The MSCI logo is seen in this June 20, 2017. Photo: Reuters")
With India swiftly responding to the delay in notifying sector-wise limits for investment in stocks by overseas investors, analysts at Morgan Stanley now expect MSCI to rebalance MSCI India weight in the emerging market (EM) index to reflect this change along with removing the DR (depository receipts) in the foreign ownership limit (FOL) calculation.
As a result, they estimate $1.3 billion in passive inflows into the Indian equities spread across a bunch of stocks. That apart, there could be active inflow to the tune of $5.7 billion, Morgan Stanley said. (See table below)
As a result, they estimate $1.3 billion in passive inflows into the Indian equities spread across a bunch of stocks. That apart, there could be active inflow to the tune of $5.7 billion, Morgan Stanley said. (See table below)
In October, the Indian government had
