MSCI's index rebalance brings $2.5 billion in foreign investment to Indian stocks, highlighting India's economic growth.

MSCI's index rebalance on November 25th is expected to bring about $2.5 billion in passive foreign investment to Indian equities. HDFC Bank will see a significant weight increase, attracting around $1.9 billion in inflows. Five new Indian companies, including Voltas, will be added to the MSCI Standard/EM Index, bringing India’s total stock count to 156. The MSCI Smallcap Index will also add 13 stocks, totaling 525. This move highlights India's growing economic significance and its increased representation in global indices.

November 25, 2024
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