India Supplanted China In MSCI Emerging Markets Investible Markets Index(IMI) Readjusting Highest Capture
In a momentous MSCI repositioning, India has supplanted China in the MSCI EM Investable Market Index (IMI) on 4th September. This pivotal alignment positions India as the largest weight in the index, validating its rising credentials in global financial markets. India is also on the precipice to outweigh China in the broader MSCI Emerging Markets Index, signaling the growing allure of its domestic capital market.