“MSCI’s August 2024 review changes for its standard and small-cap indices will be implemented on Friday, likely leading to $5.5 billion in net inflows,” said Sriram Velayudhan, head of alternative research at IIFL. “This includes adjustments to country weightings, with India expected to gain substantially post-rebalancing.”
Energy, telecom continue to draw foreign flows in Nov
Foreign investors injected significant capital into India’s energy and telecom sectors in the latter half of November, continuing a trend from earlier in the month