MSCI REJIG

Vedanta shares to get $54 million FII boost in MSCI reshuffle after 83% rally in 6 months

Vedanta's Q4 net profit down by over 27% YoY in March quarter. Investor sentiment remains positive with target prices raised. Chairman Anil Agarwal plans $20 billion investments in technology, electronics, and glass sectors in four years to diversify business activities.

India to get $2.5 billion FII boost from MSCI rejig, 21 stocks to benefit

India's weight in the MSCI Emerging Markets index will increase to around 19% on May 31, attracting FII inflows of $2.5 billion. The adjustments will affect India's stock count in the MSCI Standard/EM and Smallcap Indexes. China, with a 25.7% weight, has the highest representation in the MSCI EM Index.

Indus Tower, Canara Bank among 12 stocks that may get included in MSCI index

Global brokerage Nuvama listed 12 stocks on which it has a high conviction of getting included in the MSCI Global Standard Index while Paytm, Berger Paints, and IGL have a high probability of getting excluded. The report calculates an estimate of inflows in the high conviction stocks through passive funds, while the actual announcement of these inclusions will be made on May 15 (3:30 am IST), the final adjustments will be made on May 30.

Paytm, Canara Bank among 26 stocks in focus ahead of MSCI rejig on May 15

MSCI's reshuffle on May 15 may eject Paytm from the MSCI Global Standard index, potentially attracting $2 billion from passive funds. Nuvama estimates 12 stocks to join, with inflows ranging from $144 million to $224 million each.

12 stocks likely to enter MSCI index in May rejig, trigger $2 billion inflows. Paytm to exit

Paytm will be a high conviction exclusion, causing outflows of $77 million from India, the domestic brokerages' note said. Paytm's exclusion comes after a nearly 40% correction in the share price following RBI's ban on its Paytm Payments Bank. Meanwhile, Berger has yielded nearly 9% returns over 1 year.

$2.7 billion inflows! 18 stocks may enter MSCI India index in May

MSCI India Standard Index rebalancing announcement is scheduled for May 14, post-market hours. Based on the current price, JM Financial expects the following inclusions and exclusions. However, investors must note the list is subject to change, depending on the stock price prevailing during the cut-off period. Based on the current price, the inclusion of ~18 stocks cannot be ruled out, totalling an inflow of $2.7 billion. Here are the top stocks that could see the highest inclusions:

MSCI May rejig to trigger $3.2 billion inflows into 17 stocks

MSCI will announce the changes in the constituents of the MSCI global standard indices on May 14, while the changes will take place on May 31.

BHEL, PNB, Mamaearth and 29 other stocks enter MSCI indices

India's weightage in the MSCI Global Standard (Emerging Markets) index will reach a historic high of 18.2%. India's representation is expected to increase to around 18.5% after the February rejig, according to Abhilash Pagaria of Nuvama Alternative & Quantitative Research. The quarterly rebalancing could lead to significant inflows from passive FII funds.

India's weightage climbs to record high on MSCI Global Standard index

The climb can be attributed to India's standardized foreign ownership limit (FOL) in 2020, the sustained rally in domestic equities and relative underperformance of other emerging markets, especially China, Nuvama Alternative & Quantitative Research said in a note.

MSCI announcement tomorrow: $1 billion inflow expected, 5 PSU stocks in focus

The MSCI inclusion can lead to about $ 186 million inflows in NMDC, $180 million in PNB, $156 million in BHEL, $140 million in Union Bank, and $223 million in NHPC. IREDA, Mamaearth, RR Kabel, SpiceJet, Inox Wind, Balmer Lawrie, Ethos, MSTC, and DB Realty, among others can get included in the MSCI Smallcap Index.

MSCI Index Rejig: BHEL, PNB among 8 stocks that are likely to enter the index

BHEL, Mamaearth and IREDA likely to make the cut in these MSCI indices

The expected inflows are to the tune of $591 million with PNB accounting for the lion’s share at $154 million followed by BHEL ($152 million), NMDC ($145 million) and Union Bank ($140 million), the Nuvama report said.

Jindal Stainless, PNB, BHEL, Oberoi Realty may get into MSCI Standard Index in Feb rejig

The global cut-off period for the selection of stocks to the MSCI Global Standard index spans from January 18 to 31. MSCI will announce the changes in constituents for the MSCI global standard indices on February 12. The final changes will take place on February 29.

PNB, BHEL, 2 more stocks likely to enter MSCI Global Standard Index in Feb rejig: Nuvama

According to Nuvama's estimates the addition of the above stocks is likely to result in combined passive inflows of $567 million. In Jindal's case, it is the highest and estimated at $149 million, followed by $142 million in PNB and $138 million each in BHEL and Oberoi

MSCI Rejig: IndusInd Bank, Paytm & 7 other stocks to trade in India Standard index from Thursday

According to Nuvama's estimates the addition is likely to result in combined passive inflows of $1.50 billion.

MSCI Rejig: Suzlon, IndusInd Bank, Paytm & 6 other stocks included in India Standard index

A lion's share of the inflows is likely to be lapped up by IndusInd Bank at $290 million followed by Suzlon at $264 million and Persistent Systems at $254 million, the Nuvama report said. The remaining stocks could see inflows between $227 million and $160 million in the pecking order.

MSCI Index Rejig: Paytm, IndusInd Bank, Suzlon among nine stocks included in Standard Index

India's weightage climbs to its highest ever on MSCI Global Standard index

This marks "a significant increase over the past three years, almost doubling its weight," Nuvama Alternative & Quantitative Research said in a note.

MSCI rejig: 42 stocks find place in smallcap index, Vodafone Idea out

In the MSCI EM Standard Index, India will witness 9 fresh inclusions with no exclusions. Post-rebalance, India's stock count will rise to 131. New entrants include IndusInd Bank, Suzlon Energy, Persistent Systems, APL Apollo, Polycab, Macrotech Developers, Tata Motors A, One 97 Communications (Paytm) and Tata Communications.

MSCI index rejig may result in $1.4b inflows into stocks

MSCI added 40 stocks to its Global Smallcap Index and removed 11. India has seen the maximum addition of stocks in the Global Smallcap Index within the Asia-Pacific region. Mrs Bector's Food, Neuland Laboratories, and Patel Engineering are among 40 stocks that will be part of the MSCI Global Smallcap Index with effect from August 31.

HDFC AMC, IDFC First Bank & 6 other stocks enter MSCI Global index; ACC exits

ACC, Anand Rathi Wealth, Dreamfolks Services, Five Star Business Finance, Glenmark Lifesciences, ICRA, Kalyan Jewellers, Marksans Pharma, Mrs Bector’s Food, Neuland Laboratories, and Patel Engineering are among 40 stocks that will be part of the MSCI Global Smallcap index with effect from August 31.

HDFC AMC, PFC likely to join MSCI club; check out the probable inclusions & exclusions

MSCI quarterly review in August may see Cummins and 3 others entering India index

MSCI Inc may add Cummins India and IDFC First Bank to its global index in its quarterly review. If included, it could result in inflows of $108m and $101m to each respectively. Astral and Power Finance Corporation could also be included, however, the probability is significantly lower. MSCI’s announcement is due on 10 August, with changes coming into effect from 1 September.