Five firms, including BSE, Oberoi Realty and Voltas, will be added to the MSCI India Index effective November 25, 2024, as per the latest index review by MSCI.
BSE, Oberoi Realty, Kalyan Jewellers, Alkem Laboratories and Voltas are the additions to the MSCI India Index, according to an announcement by index compiler MSCI.
The changes in constituents for the MSCI Global Standard Indexes will take place as of the close of November 25, 2024, as per the latest rejig by MSCI.
Shares of BSE jumped 4.50 per cent, Oberoi Realty climbed 3.33 per cent, Kalyan Jewellers soared 2.61 per cent, Voltas went up by 2.10 per cent and Alkem Laboratories advanced 1.79 per cent on the NSE.
MSCI is a leading provider of critical decision support tools and services for the global investment community.
In the MSCI Global Small Cap Indexes, 13 firms will be added while seven would move out effective November 25.
The additions are Aadhar Housing Finance, Anup Engineering, Balu Forge Industries, DCM Shriram, Entero Healthcare Solutions, Eureka Forbes, Ganesha Ecosphere, Indegene, JSW Holdings, PC Jeweller, Refex Industries, Signatureglobal (India) and Bondada Engineering.
However, BSE, Fusion Finance, Hinduja Global Solutions, Hitachi Energy India, Kalyan Jewellers India, TCI Express and Voltas will move out.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
