Brief by Shorts91 Newsdesk / 06:17am on 11 Jun 2026,Thursday Business
For the first time in at least 26 years, no Indian company is among the top 10 constituents of the MSCI Emerging Markets Index, a key global benchmark for investors. HDFC Bank and Reliance Industries have slipped to 11th and 12th positions, while India's overall weight in the index has fallen to a six-year low of 10.87%. Analysts say the shift reflects growing global preference for artificial intelligence and technology stocks. The decline could reduce passive foreign fund inflows, adding pressure on India's markets as rising crude oil prices and global uncertainty weigh on investor sentiment. (PC: ai)
