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Global index services provider MSCI has included 13 Indian stocks in its Global Standard Index and removed three. That takes the total count of domestic stocks on the MSCI indices to 146, up from 136. ....
Global passive funds, such as exchange-traded funds, structure their portfolios based on these indices. Any change in composition prompts these funds to adjust their allocations. The newly included stocks are JSW Energy, Canara Bank, Indus Towers, PB Fintech, Sundaram Finance, and NHPC. Berger Paints has been dropped, while Indraprastha Gas and Paytm s parent, One 97 Communications, have been downgraded to the small-cap index. ....
Morgan Stanley Capital Investment (MSCI) | India's weight in MSCI's Global Standard index rises to another record high, boosting prospects of more inflows telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
Finmin discusses NBFC-related issues and concerns with Chief Executives of top companies thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Vedanta Ltd, Suzlon Energy Ltd, YES Bank Ltd, PB Fintech Ltd (Policybazaar), Sundaram Finance Ltd and NHPC are some of the stocks that are added to MSCI Global Standard Index. ....