LIC makes MSCI’s big league as global index rejig removes 100 stocks – Markets

MSCI Index Review November 2026: Adani Green Energy, Coforge, Life Insurance Corporation of India (LIC) and Meesho are among four Indian securities set to enter the MSCI India Standard Index following the global index provider’s November 2026 review. Meanwhile, PI Industries will be removed from the index.

According to MSCI’s official announcement dated November 11, the changes will be implemented as of the close of trading on November 30, 2026.

The latest review also includes significant changes to the MSCI India Small Cap Index, with 11 securities being added and 29 removed.

Globally, MSCI announced 13 additions and 100 deletions from the MSCI All Country World Index (ACWI), while LIC emerged as one of the three largest additions to the MSCI Emerging Markets Index, measured by full company market capitalisation.

Which Indian stocks are entering and exiting the MSCI Standard Index?

According to the MSCI Global Standard Indexes review, four securities will be added to the MSCI India Index, while one will be removed.

The changes were determined using data as of the October 20, 2026, price cutoff date.

The review results may be updated to account for corporate events, Ineligible Alert Board treatments or other relevant adjustments before implementation.

LIC among three largest additions to MSCI Emerging Markets Index

LIC has also been identified as one of the three largest additions to the MSCI Emerging Markets Index in the November 2026 review.

According to MSCI, the three largest additions, measured by full company market capitalisation, are:

MSCI India Small Cap Index: Which 11 stocks are being added?

MSCI’s November review includes 11 additions to the MSCI India Small Cap Index.

The securities being added are:

Which 29 stocks are exiting the MSCI India Small Cap Index?

According to the MSCI Global Small Cap Indexes review, 29 Indian securities will be removed from the index.

The complete list of deletions is:

Coforge, which is being removed from the MSCI India Small Cap Index, is simultaneously being added to the MSCI India Standard Index.

The changes involving Coforge and PI Industries therefore represent movements between MSCI’s Standard and Small Cap index categories.

What are the major changes to MSCI’s global indexes?

MSCI announced several changes across its global equity indexes as part of the November 2026 review.

MSCI Global Standard Indexes: The MSCI ACWI Index will see 13 additions and 100 deletions.

MSCI Global Small Cap Indexes: The MSCI ACWI Small Cap Index will see 171 additions and 243 deletions.

MSCI Global Investable Market Indexes: The MSCI ACWI IMI will see 113 additions and 272 deletions.

MSCI Global All Cap Indexes: The MSCI World All Cap Index will see 140 additions and 100 deletions.

MSCI Frontier Markets Index: The index will see 12 additions and 10 deletions.

The two additions to the MSCI World Index, measured by full company market capitalisation, are Moderna of the United States and Aritzia of Canada.

When will the MSCI November 2026 rejig take effect?

All changes announced as part of the November 2026 MSCI Equity Index Review will be implemented as of the close of business on November 30, 2026.

MSCI said the review results were based on data as of the October 20 price cutoff date and could be updated before implementation to reflect relevant corporate events and other adjustments.

The review also covers MSCI’s US Equity Indexes, US REIT Index, China A Onshore Indexes and China All Shares Indexes.