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MSCI adds Zomato, IRCTC, Mindtree, 4 others to India index; Ipca Labs, REC to be deleted

MSCI India Index Rejig | Under the smallcap segment, MSCI added total 69 companies in its Global Small Cap Indexes, however, deleted 10 companies. All changes will be implemented as of the close of November 30

November 12, 2021 / 01:04 PM IST

MSCI Inc, a leading provider of research-based indexes and analytics, will be including total seven companies, including Zomato, IRCTC and Mindtree, in its MSCI India Index as a part of Semi-Annual Index Review.

"....announced November 2021 Semi-Annual Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI China A Onshore Indexes and the MSCI China All Shares Indexes," said MSCI in its press release.

All changes will be implemented as of the close of November 30, 2021, it said.

Godrej Properties, Indian Railway Catering and Tourism Corporation (IRCTC), Mindtree, Mphasis, SRF, Tata Power Company, and Zomato will be added in the MSCI India Index with effect from December 1, 2021.