MSCI August revision today: $5.5 billion in inflows are expected for the Indian equity market
The changes will take effect as of the close of August 30. The MSCI August rebalancing was announced on August 13.
The MSCI Global Standard index consists of seven stocks overall; one is not included.
IIFL Alternative Research predicts that the August 2024 MSCI review will result in net inflows of $5.5 billion into Indian equity markets.
India's share of the MSCI emerging market (EM) index is expected to increase from its current 19.4% to a record 20%.
According to Nuvama forecasts, HDFC Bank is expected to draw inflows of $1.5 billion following the August round of weightage increases.
MSCI declared that the limitations on how Adani Group stocks are treated have been lifted.
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