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• One 97 Communications, the company that operates the fintech platform Paytm, is expected to trigger passive inflows of $160 million in India.
• Nine stocks, including Paytm, have been added to the MSCI India Index, resulting in inflows of $1.5 billion.
• Paytm's shares have rallied over 70% on a year-to-date basis and the company has narrowed its losses for the quarter ended September 2023.