Street signs: Glenmark Life GMP at 25%, HNIs in-the-money in Tatva & more

Analysts say American sanctions on Chinese companies will prompt global investors to look at India more favourably

China’s loss, India’s gain 

Index provider MSCI & FTSE have deleted Chinese securities from their indices following an executive order in the US last month. Analysts that track the index composition of indices say the domestic market could see positive inflows from overseas investors on account of this. “While in the MSCI EM index, the (Chinese) securities carry a weight of 4 basis points ($147 million), in the FTSE GIES these securities account for 8 bps ($188 million) weightage. Our assessment suggests, $335 million outflows owing to exclusion of Chinese securities should lead to inflows of $63 million into India between