MSCI India rejig may lead to $2.3 billion inflows
MSCI's August review may trigger $2.3 billion in passive equity inflows into Indian stocks, with up to 12 stocks likely to be added. Key contenders include Groww and Adani Green Energy, which could see significant trading activity post-announcement.
pre-market1 source ↓written by the desknot a recommendation
- in passive inflows
- $2.3 billion
- may be added
- 12 stocks
MSCI's upcoming review on 12 Aug 2023 is expected to bring $2.3 billion in passive inflows into Indian equities. Up to 12 stocks may be added, including Groww and Adani Green Energy, while three could be excluded. This rebalancing typically results in increased trading volumes and price movements in affected stocks. 📈
Not investment advice. For informational purposes only.