MSCI also stated that besides these inclusions and exclusions, eight stocks will see an increase in their weightage, while six will see a decline. As a result, India’s weightage in the MSCI Standard Index will rise to 15.6% from 15.5% earlier, with the total number of representing companies increasing to 163 from 161 earlier.
Among stocks that will see an increase in their weightage include Asian Paints, Apollo Hospitals, Lupin, SRF, Suzlon Energy, Yes Bank, Alkem Laboratories, and Jubilant Foodworks. On the flip side, Samvardhana Motherson, Dr. Reddy’s Laboratories, REC, Zydus Lifesciences, Bharat Forge and Colgate-Palmolive India are stocks that will see a decline in their respective weightage.
According to Nuvama Alternative & Quantitative Research, Fortis and the three other inclusions to the Standard Index will see inflows between $252 million to as high as $436 million, while the two exclusions will see outflows of up to $162 million.
| Stock | Inflows / Outflows ($ Million) |
| Fortis Healthcare | +436 |
| Paytm | +424 |
| GE Vernova T&D | +351 |
| Siemens Energy India | +252 |
| Tata Elxsi | -162 |
| I agree | -146 |
Among stocks that will see an increase in their weightage, Asian Paints is likely to receive inflows worth up to $95 million, according to Nuvama Alternative.
| Stock | Inflows ($ Million) |
| Asian Paints | 95 |
| Apollo Hospitals | 41 |
| Lupin | 35 |
| SRF | 34 |
| Suzlon Energy | 30 |
| Yes Bank | 28 |
| Alchemy Labs | 27 |
| Jubilant Foodworks | 15 |
Conversely, stocks like Samvardhana Motherson and Dr. Reddy’s, whose weightage will be reduced, may see outflows of up to $50 million.
| Stock | Outflows ($ Million) |
| Samvardhana Motherson | -53 |
| Dr. Reddy’s Laboratories | -51 |
| REC | -47 |
| Zydus Lifesciences | -45 |
| Bharat Forge | -31 |
| Colgate-Palmolive India | -29 |
Besides Tata Elxsi and CONCOR who have been moved to the Smallcap index, ACC, Honeywell Automation, Leela Palaces Hotels, and Blue Jet Healthcare are some inclusions to the index, while a whole host of stocks including Restaurant Brands Asia, Rain Industries, Raymond, Balaji Amines, Quess Corp among others have been excluded from the index.
