India has left China behind in the emerging markets investment index, investment of up to Rs 36000 crore can come

Report: Morgan Stanley said in a report released on Saturday, the index was prepared on the basis of capital data of 24 emerging markets and 3,355 large, medium and small companies in the MSCI Emerging Markets Investable Market Index (MSCI EM IMI). These companies are fairly spread across about 99 percent of the market capitalization.

Sep 8, 2024 - 23:00
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India has left China behind in the emerging markets investment index, investment of up to Rs 36000 crore can come
India has left China behind in the emerging markets investment index, investment of up to Rs 36000 crore can come

India surpassed China in the emerging markets investment index. Global brokerage firm Morgan Stanley said India's weight in the MSCI EM IMI in September stood at 22.27 percent, against China, which is at 21.58 percent. This could attract an investment of about Rs 34,000 to 36,000 crore in the Indian markets. The index, prepared on the basis of capital data of 24 emerging markets and 3,355 large, medium and small companies in the MSCI Emerging Markets Investable Market Index, or MSCI EM IMI, is reporting said by Morgan Stanley in its report released on Saturday. These companies are fairly spread almost across 99 percent of market capitalization.

Morgan Stanley said, "Fundamental factors certainly apply in the case of India, but India's current situation in the emerging markets is not worrying at all." India also retains its mantle as this region's top priority for its overweight status. It is a second choice for investment in the Asia Pacific region. According to a market expert, the country's economy is doing better. In the financial year 2024-25, foreign direct investment increased  47 percent from April to June. On the other hand, Crude Oil Price Continues to Fall and Now it has come down below $ 73 per barrel.

Muskan Kumawat Journalist & Writer