Four Indian stocks added, four excluded from key global index in MSCI's May rejig

Yahoo Finance
2026.05.13 06:22
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MSCI has announced changes to its Global Standard Index, adding four Indian stocks: Federal Bank, Multi Commodity Exchange of India, National Aluminium, and Indian Bank, effective May 29, 2026. Four stocks will be removed: Hyundai Motor India, Jubilant Foodworks, Kalyan Jewellers, and Rail Vikas Nigam. India's weight in the index remains stable at 12.3%. Expected passive inflows into the added stocks total $1.38 billion, while the excluded stocks may see outflows of $715 million. The small-cap index also experienced significant deletions, reducing India's small-cap count to 459.