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MSCI Rejig: Indian Stock Winners And Losers
The MSCI changes will be effective Aug. 27.
08 Aug 2019, 05:32 PM IST
MSCI Inc.—the world’s biggest index compiler with about $12 trillion in assets benchmarked to its products—added HDFC Life Insurance Company Ltd. to its Global Standard Index and removed Union Bank of India Ltd. from the Global Small Cap Index, besides changing weight of companies on its India indices, effective Aug. 27.HDFC Ltd. and Reliance Industries Ltd. have the highest weight on the MSCI India Index. Weights were increased for ...
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