Morgan Stanley expects MSCI India’s weight to rise by 70 bps
Global brokerage house Morgan Stanley ...
Global brokerage house Morgan Stanley in December said it expects MSCI (Morgan Stanley Capital International) India’s weight to rise about 70 basis points in May 2020 review with Rs 19,000 crore inflow in the Indian equity market.
The review takes place after every six months in May and November. The expected rise in weightage comes on the basis of the announcement in the July 5 budget according to which the statutory limit for Foreign Portfolio Investment (FPI) investment in a company from 24 percent to a higher sectoral limit.
FPI limit hike will be implemented from April 1, 2020. Foreign institutional investors pumped in over Rs 25,000 crore in the Indian equities in the past two months on the back of firm global cues.
Related News.
-
November 2024 “Can’t be ignored”
-
November 2024 Record sales
-
November 2024 “INDIA HOLDS KEY”
-
November 2024 OYO on A buying spree
EDITOR'S DESK, Nov 2024
On November 6, the U.S. witnessed an extraordinary political turnaround as Donald J. Trump made a triumphant return, overcoming legal hurdles, a volatile political climate, and even assassination attempts. His victory in the 2024 presidential election is not only seen as a personal vindication but also as a momentous event for the global Indian diaspora, who have often viewed Trump as a reliable ally of India.
more...
Ads Spot
Comments.