Msci Index

Swiggy share price opened at ₹265.35 on NSE today, as compared to previous close of ₹267.70 on Wednesday.

The MSCI index reshuffle will highlight several Indian stocks as portfolio adjustments take effect on September 1. This could lead to increased trading volume and volatility, especially in low liquidity stocks, marking the first major test of India's new closing auction system.

MSCI India Standard Index rebalancing is scheduled to be announced on August 12 after market hours, which could see as many as 12 inclusions and three exclusions. This is estimated to lead to potential passive inflows of around $2.3 billion. The changes will take effect from August 31.

MSCI Rejig: The weight of AU Small Finance Bank shares will increase in the index due to a float adjustment. Following the February rebalancing, India’s weight in the MSCI Standard Index remains unchanged at 14.1%.

MSCI Rejig: Fortis Healthcare, One 97 Communications (Paytm), GE Vernova T&D India and Siemens Energy India shares have been included in the MSCI India Index, which is a part of the MSCI Global Standard Index.

MSCI Rejig: Upon inclusion in the MSCI India Standard Index, Swiggy is estimated to see passive inflows of $289 million, while Vishal Mega Mart is likely to attract inflows worth $258 million, according to IIFL Alternate Desk.

MSCI Rejig: Vishal Mega Mart is projected to see the highest inflow at $287 million, followed closely by Swiggy with $285 million. Hitachi Energy India and Waaree Energies are likely to witness inflows of $240 million and $217 million, respectively.

MSCI rejig: Swiggy is expected to receive estimated inflows of $385 million, while Mazagon Dock Shipbuilders shares could see inflows of approximately $187 million, upon addition in the MSCI India Standard Index.

Eternal, earlier known as Zomato, could witness passive outflows of approximately $840 million due to the impending rebalancing, according to estimates by IIFL Capital Services.