India tops emerging market index, surpassing China for the first time
Edited By WION Video Desk
Published: Sep 06, 2024, 05:05 IST | Updated: Sep 06, 2024, 05:05 IST
India has surpassed China to become the top-weighted nation in the m-s-c-I emerging market investable market index. This marks a historic shift in global market dynamics, with India's equity weighting now at 22.27% compared to China's 21.58%. This surge comes despite China's larger market capitalisation, underscoring India's growing economic influence.
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