India overtakes China in Morgan Stanley IMI, could lead to $4.5 billion equities inflows

India has overtaken China in the MSCI Emerging Markets Investable Market Index, with a weightage of 22.27 per cent compared to China’s 21.58 per cent. This change is expected to bring around $4.5 billion into Indian equities, reflecting India’s strong macroeconomic fundamentals and robust corporate performance.