MSCI adds four Indian stocks and removes four in May
MSCI added Federal Bank and three other Indian firms to its Global Standard Index while removing four stocks. India's index weight remains steady at 12.3%.
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MSCI added four Indian stocks and removed four from its Global Standard Index in its May periodic review. India's weight fell slightly to 12.3% from 12.4% in February, while the number of Indian constituents remains at 165. The rebalancing is expected to drive $1.38B in combined passive inflows to new additions, making index changes a significant driver of stock-specific liquidity flows.
