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IDFC First Bank, Max Health, Paytm, Polycab, PFC, REC and Supreme Industries have been included in the MSCI Domestic Index. No exclusions were made from the India index this time
This marks "a significant increase over the past three years, almost doubling its weight," Nuvama Alternative & Quantitative Research said in a note.
India's weightage in MSCI's Global Standard index will move close to 16.3%, an all-time high, from the current 15.9%, after the index provider's November review. ...
MSCI added nine Indian stocks to the index in its November review on Tuesday, with changes to come into effect from market close on November 30
LIC shares may also react to the shareholder lock-in period ending on November 13.