“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.”
Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen Sahay
India’s room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative dealer inventory stocking. While