MSCI India rejig may bring $2.3 billion in inflows
after close1 source ↓written by the desknot a recommendation
- in passive equity
- $2.3 billion
- for announcement
- 12 Aug 2023
- take effect
- 31 Aug 2023
- expected
- 12 stocks
- may be excluded
- 3 stocks
MSCI's upcoming review of the India Standard Index could lead to $2.3 billion in passive equity inflows. Scheduled for announcement on 12 Aug 2023, the changes will take effect on 31 Aug 2023. Investors are particularly focused on potential inclusions like Groww and Adani Green Energy, which may trigger significant trading activity. 📈
• 12 stocks expected to be added
• 3 stocks may be excluded
• Anticipated buying from global passive funds
This rebalancing typically results in increased trading volumes and short-term price movements in affected stocks.
Not investment advice. For informational purposes only.