MSCI Rejig: India's Weight in EM Index Rises to 11.7%; $2 Billion Passive Inflows Expected

India's weight in the MSCI Emerging Markets Index is set to rise from 11.5% to 11.7% following the latest MSCI rejig. The change is expected to trigger incremental passive inflows of around $2 billion when the revision takes effect on Nov. 30. What does the increased allocation mean for markets, sectors and individual stocks? Soumeet decodes the implications of the MSCI rebalancing and where the fresh flows could be headed.