Morgan Stanley expects MSCI India’s weight to rise by 70 bps
Global brokerage house Morgan Stanley ...
Global brokerage house Morgan Stanley in December said it expects MSCI (Morgan Stanley Capital International) India’s weight to rise about 70 basis points in May 2020 review with Rs 19,000 crore inflow in the Indian equity market.
The review takes place after every six months in May and November. The expected rise in weightage comes on the basis of the announcement in the July 5 budget according to which the statutory limit for Foreign Portfolio Investment (FPI) investment in a company from 24 percent to a higher sectoral limit.
FPI limit hike will be implemented from April 1, 2020. Foreign institutional investors pumped in over Rs 25,000 crore in the Indian equities in the past two months on the back of firm global cues.
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Robert Kiyosaki is right on the money when it comes to advice on real estate investments. Even on a small scale, such investments remain a tried and tested means of building an individual’s cash flow and wealth. That is why we are taking a look at Omaxe Chowk, a flagship project of the Omaxe Group that is quite in the news...
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