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JSW Energy Ltd., Canara Bank and Indus Towers Ltd. have been added under large-cap segment of the Emerging Markets index in the rejig.
MSCI Inc. has added 13 Indian stocks to its Global Standard Indexes, taking the total count to 146. The additions will come into effect from May 31. The rejig has also increased India's representation to almost 19% in the global index.
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JSW Energy joined the MSCI Global Standard Indexes as a large-cap addition. It has joined the emerging markets index in the rejig, according to a statement by the global index provider.
Photo Credit: X/JSW Energy
Canara Bank has also joined the MSCI Global Standard Indexes as a large-cap addition. It has joined the emerging markets index in the rejig.
Photo Credit: X/Canara Bank
Indus Tower joined the MSCI Global Standard Indexes as a large-cap addition. Indus Tower has been placed in both, emerging markets index and domestic market index.
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Mankind Pharma joined the MSCI Global Standard Indexes as a mid-cap addition. The stock has been placed in the domestic index as well.
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Bosch joined the MSCI Global Standard Index as a mid-cap addition. It has joined the emerging markets index in the rejig, according to a statement by the global index provider
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NHPC joined the MSCI Global Standard Indexes as a mid-cap addition. It has been placed in both the emerging market index and the domestic index.
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Solar Industries India joined the MSCI Global Standard Indexes as a mid-cap addition. It has been placed in both emerging market index and domestic index.
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Torrent Power joined the MSCI Global Standard Indexes as a mid-cap addition. It has been placed in both emerging market index and domestic index.
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Thermax joined the MSCI Global Standard Indexes as a mid-cap addition. It has been placed in the emerging market index.
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Jindal Stainless joined the MSCI Global Standard Indexes as a mid-cap addition. It has been placed in the emerging market index.
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Sundaram Finance joined the MSCI Global Standard Indexes as a mid-cap addition. It has been placed in both emerging market index and domestic index.
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Phoenix Mills has been upgraded from small cap to mid-cap index, according to a statement by the global index provider.
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PB Fintech has been upgraded from small cap to mid-cap index, according to a statement by the global index provider
Photo Credit: PB Fintech