EM index notches longest monthly winning streak in over two decades

Driven by Chinese stocks, the index gains for 9th straight month in September, while India lags behind

The MSCI Emerging Market index recorded its ninth consecutive monthly gain in September, marking the longest winning streak for the 24-country EM index since March 2004.

 

The index climbed nearly 7 per cent — its largest monthly rise since November 2023 — while India’s gains were under 1 per cent. Its performance has been primarily driven by China, which holds the largest weight, whereas India, the index’s third-largest component, has struggled to keep pace.

 

In 2025, the MSCI EM index has risen every month, while India’s market has advanced in five.

 

Year-to-date, the benchmark Nifty index has gained 4.6 per