This will follow Israel's exit from the Index and entry into the MSCI World Index, comprising developed markets.
Indian stocks have emerged as the best performers among the BRIC nations as well as developed markets across the globe, giving investors highest return of nearly 114 per cent in the just concluded 2009-10 fiscal.
According to an analysis of MSCI Barra indices, a measure of returns from various stock markets across the world for foreign investors, although performing better than China, Indian stocks have lagged behind Brazil and Russia in terms of quarterly returns.
According to an analysis of MSCI Barra indices, a measure of returns from various stock markets across the world for foreign investors, Indian stocks have given the second highest return after Russia among the four BRIC countries during last month. Indian stocks have provided a return of nearly 19.54 per cent in April, while China and Brazilian markets have given 10.87 per cent and 18.89 per cent respectively.
Indian stocks have emerged as the best performers among those in the emerging and the developed markets across the globe so far this year, giving investors the highest return of nearly 60 per cent.
Indian stock markets have been rated third best performing market in the world. India follows Peru and Brazil and has ousted China.
When it comes to global investing, everyone discusses big markets like China and India. But there's money to be made in smaller markets, too.