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12 Indian Stocks To Be Added And Two Removed From MSCI Index

Actual buy/sell will be done by funds on Nov. 27 since Nov. 30 is a trading holiday in India.

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A data graph tracks the movement of stocks on the stock exchange in Germany. (Photographer: Alex Kraus/Bloomberg)

MSCI Inc. will add 12 India stocks to its standard index and remove two as part of the semi-annual review of the world’s largest index compiler, which has assets worth close to $15 trillion benchmarked to its indices.

Also Read: MSCI To Tweak Foreign Ownership Limit For Indian Stocks

There also have been weight changes to a set of stocks.

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Besides, three stocks have been added to MSCI Emerging Market Small Cap Index

  1. 3M India: it has met liquidity requirement
  2. Adani Gas: increase in foreign inclusion factor
  3. Mindspace Business REIT: newly listed

Also Read: Some Pandemic Plays Win MSCI Nod Just as Vaccine Optimism Grows

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