In March review, FTSE had deferred inclusion of Indian bonds in its index due to taxation, registration and settlement issues but acknowledged India's progress in the accessibility of the securities
Factors contributing to the buying spree among Foreign Institutional Investors include stabilisation of the Indian rupee and positive sentiment regarding India's growth story
As of May 13, 2024, India's weight in the MSCI Emerging Market Index stood at around 18 per cent, a considerable rise from approximately 8 per cent in early 2020
For investors, elections divide into three categories: Those where the outcome is rather obvious, such as Russia or Venezuela; those where it seems clear but ballot is contested, for example India..
Index providers are 'increasingly tilted' to include India to fill the gap expected due to Russia's exclusion from JP Morgan's emerging market bond index
Emerging markets have witnessed an investor exodus this year despite having raised interest rates at an unprecedented pace
We have relatively strong growth and a healthy corporate earnings cycle as positives, but a worrisome current account deficit and high inflation as challenges, says Manish Gunwani.
Among sectors, the largest decline was seen in metal & information technology (IT) stocks, while relative outperformance was seen in auto counters
Over the next three - six months, UBS believes earnings will be the main driver for EM equities outperformance
Global emerging market funds saw inflows of $1.52 billion, taking the CY21 inflows of such funds to about $3.62 billion
In comparative terms, India has been a laggard among Emerging Markets in 2020. The downgrade just makes the task of its economic recovery a little more daunting
The consensus earnings per share (EPS) growth estimate in 2020 for the Indian market is 20.3 per cent, while the same for the EM pack is 14.1 per cent
The world's fastest-growing major economy is relatively insulated from trade risks due to its massive domestic market and burgeoning middle class
Mumbai's $2.2 trillion stock market is primarily driven by investors at home
According to the Moody's findings, cumulative green bond issuance in India has more than doubled to $6.5 billion
The Nifty pulled above 10,000, though it couldn't sustain those levels, after finding support at the 9,675-9,700 zone
Expensive valuations and unattractive earnings growth are limiting further upside.