India Index boasts third-highest IT exposure among emerging markets, with few state-owned names: MSCI

A sector-based perspective of the Indian equity market indicates that as of end-2023, most valuation premiums were high in historical terms and relative to emerging markets (EM). 

These sectors also offered an opportunity set with lower exposure to state-owned enterprises (SOEs) compared to sectors in other EM, say MSCI analysts in a sector note published earlier in February. “These sector-based insights may inform portfolio-construction decisions for investors seeking to add exposure to the Indian equity market.”