Shares of telecom operator Bharti Airtel NSE 6.31 % rallied as much as 12% to Rs 484 on Wednesday after National Securities Depository (NSDL) increased its foreign ownership limits (FOL) to 100% from 49%. With the increase in FOL limits, Bharti’s weight in MSCI India index is likely to double from the current 1.92%.

The current Foreign Inclusion Factor (FIF) is 0.23 which will increase to 0.43 now. Assuming that the MSCI benchmarked index makes around $35 billion, it would imply buying ..

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