MSCI Novmber Rejig: 1 Tata, 1 Adani, 4 Other Stocks May Enter India Standard Index; $5.9-17 Mn Inflow Seen

Six large-cap to mid-cap are likely to be included in the MSCI India Standard Index's upcoming November rejig. These is likely to lead into inflow of a whopping $5 million to over $17 million. These stocks are BSE, Voltas, Adani Enterprises, Alkem Laboratories, Oberoi Realty, and Kalyan Jewellers.

MSCI is likely to announcement restructuring of its India Standard index on November 6, 2024, after the market hours. The changes are expected to come into effect from November 26.

Based on the prevailing prices, brokerage JM Financial expects inclusion of BSE, Voltas, Adani Enterprises, Alkem Laboratories, Oberoi Realty and Kalyan Jewellers.