China A shares will be left with 1.76 per cent weightage in the broad developing-nation gauge
MSCI said it will increase the inclusion factor of Chinese large-cap stocks to 20 per cent from the current 5 per cent in three steps, in May, August and November this year
If the proposal gets a nod, India's weight in the MSCI Emerging Market index could reduce by 0.23 per cent to 8.55 per cent
Access to domestic bourses not 'restrictive', markets regulator replies to global index provider's note
Saudi Arabia and Argentina, pummeled by a currency rout that prompted it to seek help from IMF, join the likes of China, India
MSCI will now consult its clients and announce the results by December 31
India's weight in the index has risen 180 basis points to 8.1%, from 6.3% only four years earlier
Superior share performance and sound financials of the new entrants could be the reasons behind their inclusion
Move will help India attract higher share of emerging market flows, say experts
MSCI can still afford to shun China stocks
Morgan Stanley may include China mainland shares to its widely tracked emerging markets index
China's exchanges allowed trading halts that shut down half the stock market
Meanwhile, the US-based firm has removed RCom, Rural Electrification and United Breweries for the MSCI India Index