MSCI Indices

Among other notable changes, MSCI removed 11 stocks from the MSCI Korea Index while adding none. It culled nine from Japan and added one

Stock Markets Today: The changes announced during the February 2025 MSCI Index Review, will be implemented as of the close of February 28, 2025

Foreign portfolio investors reduced their stake in IndusInd Bank to 46.63 per cent in December 2024, from 55.53 per cent in the September 2024 quarter, enhancing foreign headroom at 25 per cent

Higher FPI investment room opens door for $1.8 bn passive inflows

India's weight in the MSCI investible large-, mid- and small-cap index has risen to 2.35 per cent, greater than China's weight of 2.24 per cent, Morgan Stanley said in a note on Tuesday

Weightage almost 70 bps higher than China

Shares of Adani Energy Solutions Ltd (AESL) at last trading session on Wednesday jumped 3.8 per cent despite the flattish markets, as the street is expecting strong inflows by the end of August from the inclusion in the MSCI Indexinflows of USD 250 million according to brokerage houses. On Tuesday MSCI announced that it has lifted Embargo' on Adani Group stocks, which means the stock is eligible for inclusion in the MSCI India Index, after removing the group company last year in late January 2023, due to uncertainty over free-float. Lifting this restriction means that any recent changes in free float plus equity raises are eligible for inclusion. Furthermore, stocks that were excluded can be included again. Earlier in August, Adani group's power transmission, distribution and smart metering company completed a USD 1 billion QIP, which has led to a significant increase in the company's free float. Adani Enterprises, another group company has also proposed fundraising of nearly USD 2

Analysts, on their part, are of the view that long-term investors could continue to hold the stock

Stock Market Highlights on August 13, 2024: Broader indices also settled lower, with small-cap shares being the worst hit as the Nifty Smallcap 100 index fell 1.30 per cent

MSCI, which had earlier excluded Adani Energy and Adani Enterprises from the global standard index, stated it would now review the companies' fundraising activities

MSCI India August rejig: 7 stocks to be included in the India Index, HDFC Bank weightage to increase in 2 tranches; Bandhan Bank on its way out.

Analysts at Nuvama expect an inflow of $281 million in Dixon Technologies as a result, followed by Vodafone Idea at $278 million

HDFC Bank MSCI rebalance news: MSCI has announced that the weight of HDFC Bank will be gradually increased, in two tranches, to full weight of 1

This is on hopes that lender's weight in MSCI Emerging Market index will double in August

Move could lead to doubling of weight in MSCI index; over $3 bn of passive buying, says Nuvama report

With the May rejig, India's stock count in the MSCI Global Standard index is at 149, the highest ever for the country

India's Canara Bank, Indonesian chemical firm Chandra Asri Pacific and Indian power generator JSW Energy will be the three largest additions to the MSCI emerging markets index

In total, there are 42 securities to be added and 121 cut from the all-country world index

As of May 13, 2024, India's weight in the MSCI Emerging Market Index stood at around 18 per cent, a considerable rise from approximately 8 per cent in early 2020

Consistent main course with $8.1 billion served up in Q1 2024