MSCI India Index

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 has excluded Hyundai Motor India, Jubilant FoodWorks, Kalyan Jewellers and Rail Vikas Nigam Ltd (RVNL) from the MSCI India Index, which is a part of Global Standard Index.

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: 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.

Coromandel International and GMR Airports have also been included in the MSCI India domestic index, while auto components manufacturer Sona BLW Precision Forgings Ltd. has been excluded from the index.

MSCI Rejig: FSN E-Commerce Ventures, the parent company of fashion retailer Nykaa, stands out with a high probability of inclusion. The brokerage estimates potential inflows of $210 million, translating to 92 million shares, and a 12-day impact window.

MSCI Rejig: Paytm share is expected to receive an inflow of $69 million for 2.8 million shares spread over 20.1 days. Coromandel International could experience inflows worth $156 million for 7.3 million shares across 18.3 days.

MSCI November Rejig: HDFC Bank will see the second and the final tranche of weight increase in the MSCI Index, potentially resulting in additional inflows of approximately $1.88 billion.