The changes which will take place as of the close of February 28, 2025.
Besides Hyundai Motor India, stocks like IndusInd Bank, Varun Beverages, Torrent Pharmaceuticals, Mankind Pharma, Dixon Technologies (India), PB Fintech, Adani Enterprises, and Voltas has seen the biggest weight increases in the MSCI Global Standard Index.
| MSCI index (weight up) | Inflows as per Nuvama |
| Indusind bank | $264 million |
| Varun Beverages | $77 million |
| Torrent Pharmaceuticals | $45 Million |
| Mankind Pharma | $43 Million |
| Dixon Technologies (India) | $36 Million |
| PB Fintech | $30 Million |
| Adani Enterprises | $21 Million |
| Laps | $18 Million |
Stocks such as Adani Green Energy, HDFC Bank, Reliance Industries, ICICI Bank, and Infosys were those whose weight has been decreased by MSCI from India.Nuvama Alternative and Quantitative Research is expecting a net passive inflow of $850 million to $1 billion on the adjustment day, majorly led by inclusion of Hyundai Motor India and weight up in Indusind Bank.
All eyes will be on Hyundai Motor India that has been added to the MSCI Global Standard Index and is expected to receive an inflow of $257 million, making it the only Indian large-cap stock included in this February review. The firm, which went public in November 2024, has recorded the highest weight increase among Indian securities.
India’s weight in MSCI Global Standard Indexes will also rise to 19% from the current 18.8% once the quarterly rejig comes into effect from February 28. India has slipped one rank below to third in weightage across emerging markets, losing the second spot to Taiwan. China still remains holds the highest weight, rising slightly to 27.1% from 27% as of now.
First Published: Feb 12, 2025 8:42 am IS
