India's weighting in key emerging markets index declines
Following the most recent rebalancing, India's representation in the MSCI Emerging Markets Index has dropped to 11.29%, as reported by Nuvama Institutional Equities. Over the last 12 months, the nation's portion of this significant index has decreased by approximately five percentage points. Conversely, the allocations for Taiwan and South Korea have grown, fueled by the surge in AI hardware stocks.
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