On the flip side, MSCI has excluded RVNL, Kalyan Jewellers, Jubilant Foodworks and Hyundai Motor India from the global standard index.
India’s weightage in the MSCI Standard Index will remain steady at 12.3% from 12.4% earlier, and 165 companies will continue to remain a part of it.
Potential Inflows
According to Nuvama Alternative & Quantitative Research, the inclusion of the four stocks in the MSCI Standard Index will result in potential inflows between $209 million to $491 million. Federal Bank is likely to get the highest inflow.
| MSCI Inclusion | Potential Inflows ($ Million) |
| Federal Bank | 491 |
| MCX | 373 |
| NALCO | 308 |
| Indian Bank | 209 |
On the flip side, the exclusions will result in potential outflows ranging from $136 million to $281 million, with the highest outflow likely to be seen from Hyundai Motor India.
| MSCI Exclusions | Potential Outflows ($ Million) |
| Hyundai Motor India | -281 |
| Jubilant Foodworks | -161 |
| Kalyan Jewellers | -137 |
| RVNL | -136 |
The adjustments will take place on May 29, 2026.
This is breaking news and will be updated with more.
