India underperformed EM in August; defensive sectors outperformed By Investing.com
Investing.com — In August 2024, India’s equity market saw a mixed performance, with the MSCI India Index delivering a positive return of 0.9%. However, despite this gain, the index underperformed the (EM) Index by 0.5 percentage points, placing India 15th out of 24 EM countries, said analysts from Morgan Stanley in a note dated Monday. …