Indus Towers, Bosch: Stocks that may enter MSCI Standard index on May 15

MSCI, the global index aggregator, is set to rebalance its indices on May 15, with India set to witness the inclusion of more than 10 stocks. The move is expected to usher in approximately $2 billion in passive Foreign Institutional Investor (FII) inflows by May 31, as projected by Nuvama Alternative and Quantitative Research.

As of May 13, 2024, India’s weight in the MSCI Emerging Market Index stood at around 18 per cent, a considerable rise from approximately 8 per cent in early 2020.