India's weight on key MSCI equity index rises to record high; $3 bln inflows likely

India's Rising Weight on MSCI Index: India's weight on the MSCI Global Standard index has reached a record high of 19.8%, while China's weight is decreasing to 20.2%, potentially attracting $3 billion in inflows into Indian equity markets by the end of November.

Changes in Stock Weightages: Key companies like HDFC Bank, Bharti Airtel, and Coal India will see increases in their index weightages, while others such as Maruti Suzuki and Adani Enterprises will experience reductions; additionally, several stocks will be added or excluded from the MSCI Emerging Markets index.