Overview
- Four companies will join the MSCI India Standard Index: Fortis Healthcare, One97 Communications (Paytm), GE Vernova T&D India, and Siemens Energy India.
- Container Corporation of India (Concor) and Tata Elxsi will exit the Standard Index and enter the MSCI Smallcap Index in the same review.
- MSCI will raise weights for eight existing constituents, including Asian Paints, Alkem Laboratories, Apollo Hospitals, Jubilant FoodWorks, Lupin, SRF, Suzlon Energy, and Yes Bank.
- Weights will be reduced for six companies, including Bharat Forge, Colgate-Palmolive India, Dr. Reddy’s Laboratories, REC, Samvardhana Motherson, and Zydus Lifesciences.
- India’s share in the MSCI Standard Index will edge up to 15.6% as total constituents increase to 163, while the Smallcap Index adds six names—ACC, Blue Jet Healthcare, Concor, Honeywell Automation India, Leela Palaces Hotels & Resorts, and Tata Elxsi—and removes 30 companies.