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MSCI addition of six stocks likely to rake in over Rs 9,000 crore

Market observers say these stocks may edge higher in the coming weeks. The review period for the price cut-off is October 18-October 29

MSCI is scheduled to announce the outcome of its 2021 Semi-Annual Index Review (SAIR) on November 12. The changes will be implemented after the close of trading on November 30.
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MSCI is scheduled to announce the outcome of its 2021 Semi-Annual Index Review (SAIR) on November 12. The changes will be implemented after the close of trading on November 30.

Samie Modak Mumbai
As many as six stocks are expected to get added to the MSCI Standard Index next month. These stocks should cumulatively rake in over $1.23 billion (Rs 9,000 crore) of passive inflows.
 
An analysis done by Brian Freitas, an analyst at independent research provider Smartkarma, shows Mindtree (estimated inflows of $198 million or Rs 1,460 crore), SRF ($243million or Rs 1,794 crore), IRCTC ($155 million or Rs 1,144 crore), Mphasis ($210 million or Rs 1,550 crore), Godrej Properties ($ 212 million or Rs 1,565 crore), and Zomato ($210 million or Rs 1,550 crore).
 
Market observers say these stocks

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