According to IIFL Alternate Desk, the inclusion of Vishal Mega Mart and three others in the MSCI Standard Index could result in inflows of up to $258 million, while the exclusion of Sona BLW could result in outflows to the tune of $163 million.
| Stock | Inflows ($ Mn) | Stock | Outflows ($ Mn) |
| Vishal Mega Mart | 258 | It Blw | -121 |
| Hitachi Energy India | 230 | Thermax | -163 |
| Swiggy | 289 | ||
| Waaree Energies | 233 |
As many as 15 stocks, including Zinka Logistics, Transrail Lighting, among others have been included in the MSCI Smallcap index. Sona BLW and Thermax, which were dropped from the Standard index, have been moved to the Smallcap one. Here is a look at that list:
- Belrise Industries
- Brainbees Solutions
- Capri Global
- CSB Bank
- India Glycols
- Inventurus Knowledge Solutions (IKS)
- Lloyds Enterprises
- Lumax Auto Technologies
- Nexus Select Trust
- Privi Specialty Chemicals
- It Blw
- Thermax
- Transrail Lighting
- Yatharth hospitals
- Zinka Logistics
Among these names, Thermax and Sona BLW will see inflows to the tune of $30 million and $40 million respectively, while Nexus Select Trust will see inflows of up to $25 million. The other names will see inflows between $4 million to $14 million.Six stock, Bharat Dynamics, Easy Trip Planners, Hikal, Jain Irrigation, MSTC and Protean e-Gov Technologies have been excluded from the Smallcap index.
Among the exclusions, Bharat Dynamics could see outflows to the tune of $31 million, while the other names can see outflows between $2 million to $5 million, according to IIFL Alternate.
Within the Standard Index, the weightage of CG Power has been increased, which could result in inflows worth $55 million, according to IIFL Alternate, while that of Asian Paints, Eternal, JSPL and Havells India has been trimmed.
| Stock | Outflows ($ Mn) |
| Asian Paints | -101 |
| Eternal | -607 |
| JSPl | -42 |
| Havells India | -39 |
The rebalancing of flows in these stocks will take place on August 26, MSCI’s statement said.
