MSCI has announced changes to its indices that will affect several Indian stocks from November 30. The revision is expected to increase India’s representation within the MSCI Emerging Markets Index.
Stocks in focus
Coforge and LIC are expected to attract considerable investment once the changes take effect. PI Industries, however, may see a decline.
The changes will take effect from November 30, and market participants will be watching how the affected stocks respond as the date approaches.