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The average market-cap cut-off for this round will be considered until the end of July while the official announcement will occur in the latter half of August and an adjustment on September 30.
India Business News: NEW DELHI: One97 Communications, which operates the popular fintech brand Paytm, has been included in the MSCI Emerging Markets Small Cap Index.
Promoters of PB Fintech are planning to partially sell stake in the company via block deals.
India's weight in MSCI's Global Standard index, which tracks emerging market stocks, has risen to another record high, boosting prospects of more inflows into its equity markets. ...
Paytm and IGL, which have been removed from the MSCI India Index, have now been included in the MSCI India Small Cap Index, which witnessed 29 additions and 15 removals in its most recent reshuffling.