Market expert Kunal Saraogi spoke about India overtaking China as an emerging global market

IANS INDIA 2024-09-07

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Kunal Saraogi, Market Expert, reacts to India becoming the largest weight in MSCI EM IMI, overtaking China, says, "This is fantastic news. India's surpassing China in the MSCI IMEI index is very positive for Indian markets and will lead to significant new inflows. This shift is part of a broader trend where India is gradually replacing China in various indices. India is maturing as an economy and investment destination, and we can expect substantial global investment in the future. Domestic savings are already being channeled into the market, and global investments will also increase. The coming years look very promising, with continued fund flows likely to drive our markets and indices higher"

#kunalsaraogi #marketexpert #china #imeiindex #domesticsavings

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