Damani says global capital may shift back to India
In short
Ramesh Damani said in a CNBC-TV18 interview that money may move back to India. He pointed to capital leaving the US and lower MSCI weightings for South Korea and Taiwan.
This could matter for Indian stocks if more global equity money comes in. The report does not say when this may happen or how much money could return.
What the reporting says
Ramesh Damani said in a CNBC-TV18 interaction that Wall Street is ignoring a "1,000-pound gorilla" and that capital could return to India. The publisher-supplied summary says he linked that view to capital rotating out of the US and falling MSCI weightings for South Korea and Taiwan, while India’s scale could draw more equity flows. The report does not give timing or a flow estimate.
Why it matters
Ramesh Damani said in a CNBC-TV18 interaction that India may attract more global equity flows as capital rotates out of the US. The summary says he tied that view to MSCI weightings falling for South Korea and Taiwan. The immediate market implication is a potentially stronger bid for Indian equities, but the report does not state timing, size, or any confirmed fund flows.