MSCI Rejig: 14 stocks including Fusion Micro, IRCON Intl enter Global Smallcap index; 9 exit

MSCI Inc has announced changes to its Global Smallcap index, where 14 Indian stocks will enter while nine will exit the index on May 31. The changes will include Anupam Rasayan, KFin Technologies and NMDC Steel. The inclusion of Hindustan Aeronautics and Sona BLW Precision Wiring to the MSCI India Domestic index is set to result in net passive inflows of around $31m while exclusion of the stocks of Adani Group and Indus Towers is likely to result in a net outflow of about $471m, according to Nuvama Alternative and Quantitative Research.

More To Explore

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003