Move follows MSCI step, inflows may rise by $2 billion
Global index provider was expected to hike the weight after Centre's decision to virtually increase investment limit for overseas investors in domestic firms
Adding to alarm, the World Health Organization said the epidemic had peaked in China, but urged other countries to prepare for virus outbreaks
The development would attract higher foreign flows as many overseas funds are mandated to track global indices
India is followed by Denmark (19.9%), Mexico (17.8%), Chile (17.2%), Germany (17.1%) and Singapore (16.4%)