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✦Reported by Financial Express

MSCI rejig: Coforge, LIC, Adani Green, Meesho added; Nuvama sees $2 bn passive inflows

MSCI rejig: Coforge, LIC, Adani Green, Meesho added; Nuvama sees $2 bn passive inflows
Source: Financial Express

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓MSCI added Coforge, LIC, Adani Green, and Meesho to its EM Standard Index, with changes effective from November 30.
  • ✓Nuvama expects these updates to bring $2 billion in passive inflows to India.
  • ✓While many stocks got added, PI Industries was removed.

Story at a Glance

Category
Indian Markets
Reported By
Financial Express
Reading Speed
2 Minute(s)
Market Focus
India Economy

MSCI adds Coforge, LIC, Adani Green and Meesho to its EM Standard Index, with India's higher weight expected to attract $2 billion in passive inflows.

Four stocks were added to the MSCI EM Standard Index while one was removed. The changes will take effect from November 30, 2026. MSCI also announced several additions and exclusions to its small cap index.

MSCI Rejig: What's in, what's out

The additions to the standard index include Coforge, Life Insurance Corporation of India (LIC), Adani Green Energy, and Meesho while PI Industries was removed. Total constituents in the MSCI EM Standard Index were raised to 168 from 165.

"All changes are in line with Nuvama Alternative's expectations, except ICICI Prudential Life, which has avoided exclusion as its float factor has been maintained," it said.

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