INSUBCONTINENT EXCLUSIVE:
3 min read Last Updated Sep 05 2024 | 11:51 PM IST
India has surpassed China to become the top weight nation in the MSCI Emerging
following a protracted period of underperformance
However, this gap has narrowed dramatically
global funds seeking exposure to emerging markets or Asian markets
relatively high valuations.
Among Indian companies, Reliance Industries holds a 1.22 per cent weighting in the MSCI EM IMI, followed by
Infosys at 0.86 per cent and ICICI Bank at 0.85 per cent
On a broader scale, Taiwan Semiconductor Manufacturing Company (TSMC), with an 8.09 per cent weighting, Chinese technology conglomerate
Tencent at 3.6 per cent, and South Korean electronics giant Samsung at 2.96 per cent are the top three constituents of the index.First
Published: Sep 05 2024 | 8:34 PMIST
