You are here: Home » Markets » News
Business Standard

MSCI India's weight to rise by 70 bps in May 2020 review: Morgan Stanley

FPI limit hike will be implemented from April 1, 2020

IANS  |  New Delhi 

FPI
The review takes place after every six months in May and November

Global brokerage house on Monday said it expects (Capital International) India's weight to rise about 70 basis points in May 2020 review with Rs 19,000 crore inflow in the

The review takes place after every six months in May and November.

The expected rise in weightage comes on the basis of the announcement in the July 5 budget according to which the statutory limit for (FPI) investment in a company from 24 percent to a higher sectoral limit.

FPI limit hike will be implemented from April 1, 2020.

Foreign institutional investors pumped in over Rs 25,000 crore in the in the past two months on the back of firm global cues.

First Published: Mon, December 16 2019. 19:26 IST
RECOMMENDED FOR YOU