The brokerage expects earnings to be lower this year, with commodity prices surging and Russia being excluded from MSCI EM index
Analysts at Morgan Stanley see EM equities 'struggling' in 2022 as they battle gradual tightening of global and local monetary conditions and several other idiosyncratic headwinds
Analysts say the up move in shares of three Adani companies is below the threshold set by MSCI for defining 'extreme price increase'
From MSCI EM index set for major boost to e-commerce firms selling goods worth $4.1 bn in first week of festive sale, here top headlines this morning
MSCI acknowledges govt's move to relax FPI investment limits
The stock recouped most of the day's losses after some brokerages pointed out that the reduction in weightage could be on account of an error in computation
Over a half of those surveyed said they were holding more than 5 per cent of their AUM in cash. Also, 51 per cent of the respondents do not plan to change the level of their cash holdings in the near
Global investors derate India as we avoid second generation reforms
Also, the weightage of ICICI Bank is set to increase as the legroom for foreign portfolio investor (FPI) investment in the stock has gone up
India has the fifth-biggest weight in the index at 11.1 per cent, after South Korea at 14.6 per cent and Taiwan at 13 per cent
Reports peg the outflow from Indian shores at around $700 million as a result of the MSCI Emerging Market index rejig.
MSCI is the largest index provider globally; scores of ETFs track its indices
It added that the equity market will attract more foreign fund inflows going ahead