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Today’s MSCI index rejig can bring $5.5 billion to D-Street
"MSCI's August 2024 review changes for its standard and small-cap indices will be implemented on Friday, likely leading to $5.5 billion in net inflows," said Sriram Velayudhan, head of alternative research at IIFL. "This includes adjustments to country weightings, with India expected to gain substantially post-rebalancing."