India unlikely to benefit much from MSCI, FTSE purging Russian stocks

India unlikely to benefit much from MSCI, FTSE purging Russian stocks

Mumbai: The removal of the Russian markets from MSCI and FTSE indices will not benefit Indian or other emerging markets (EMs) much, according to analysts. MSCI and FTSE Russell have announced deleting Russian equities at zero value from all the global and regional indices. “With the ongoing restrictions, FIIs (foreign institutional investors) are not allowed … Read more