India Cash Equities Trading Hits Record High as MSCI Rejig Spurs $2.2 Billion Deals
Updated
Updated · Bloomberg · Jun 1
India Cash Equities Trading Hits Record High as MSCI Rejig Spurs $2.2 Billion Deals
4 articles · Updated · Bloomberg · Jun 1
India’s cash-equities trading value jumped to an all-time high on Friday as MSCI index changes set off heavy end-of-session activity.
MSCI’s rebalancing drove a flurry of bulk deals by global passive funds, sharply lifting turnover across the market.
Those index-linked flows also coincided with about $2.2 billion of foreign selling in Indian local shares, underscoring how benchmark changes can overwhelm day-to-day trading patterns.
The surge in volumes comes as investors also weigh a weaker monsoon forecast, which has added concerns about inflation, rural demand and the RBI’s policy path.
The MSCI sell-off is over. What is the next catalyst that could reverse foreign investment flows into India?
With President Trump's Iran deal in flux, how will oil price volatility impact India's recovery path?
Can the RBI hike rates to save the rupee without sacrificing India’s fragile rural economy?