The inclusion will begin on June 28, 2024, and extend over 10 months with 1% increments on its index weighting, JPMorgan said, adding that India is expected to reach the maximum weighting of 10%.
Gautam Duggad sees PE re-rating potential in 2 sectors; likes largecaps & may raise weight in Reliance
Gautam Duggal, Head of Research at Motilal Oswal, sees limited PE re-rating potential, primarily in large-cap financials and capital market stocks. He favors earnings visibility
December 23, 2024