Investors stand at trading terminals in front of electronic stock boards at a securities brokerage in Shanghai. (Photographer: Qilai Shen/Bloomberg)

Here’s The India List Of MSCI Index Additions And Deletions

MSCI, the world’s biggest index complier with roughly $12 trillion in assets benchmarked to its products, will add four Indian stocks and remove five from its Global Standard Index with effect at May 31 close.

New Additions

  • Avenue Supermarts
  • InterGlobe Aviation
  • Pidilite Industries
  • Power Grid Corp. of India

Deletions

  • ACC
  • IDFC Bank
  • Power Finance Corp
  • Tata Motors DVR
  • Vakrangee
Here’s The India List Of MSCI Index Additions And Deletions

Also read: MSCI Slams Indian Exchanges' Move to Sever Overseas Ties

Other Key Changes

MSCI will add 27 shares and delete 12 shares from MSCI India Index.

Key Additions

  • First Source
  • Graphite
  • IFB Industries
  • JSW Energy
  • Manpasand Beverages
  • V-Mart
  • Venky’s
Here’s The India List Of MSCI Index Additions And Deletions

Key Deletions

  • Advanced Enzymes
  • Biocon
  • Divi’s Labs
  • Marksans
  • Navkar
  • Siti Networks
Here’s The India List Of MSCI Index Additions And Deletions

Meanwhile, MSCI also released the list of 234 domestically listed Chinese companies that will be added to benchmark equity gauges from next month. The move expected to trigger potential outflow from markets like India.

Also read: Why China's First Steps Into MSCI Are Such a Big Deal: QuickTake