The rebalancing of the MSCI India Standard Index will be announced on May 14 after market hours. The price deadline for rebalancing is any of the last business days of the month of April.
JM Financial in its April 8 report based on current market price has listed the likely exclusions and inclusions. The brokerage stated that based on the current market price, it expects the exclusions and inclusions noted below; however, this may be changed depending on the prevailing stock price during the blackout period.
The national brokerage further said that based on the current market price, the inclusion of around 18 stocks cannot be ruled out, which would result in an inflow of $2.7 billion.
Possible candidates to be included
Canara Bank, Voltas, Sundaram Finance, PolicyBazaar, Dixon Technologies, Phoenix Mills, Bosch, Indus Tower, Zydus Life, Torrent Power, NHPC, Alkem Laboratories, Nykaa, Jindal Inoxidable, SAIL, Solar Industries, ACC and Oil India
Stocks Likely to See a Delist
pay
Paytm, after the entire crisis, is a stock that is expected to exit the global stock index, leading to a net outflow of $60 million.
