Latest news with #DomesticSmallcapIndex
Time of India
14-05-2025
- Business
- Time of India
MSCI May Rejig: Nykaa, Coromandel join Global Standard Index; 12 additions in Indian Smallcap Index
FSN E-Commerce Ventures ( Nykaa ) and Coromandel International have been added to the MSCI India Index , part of the MSCI Global Standard Index , as per the May 2025 review announced on Wednesday. The inclusion of Coromandel International and Nykaa in the Global Standard Index will be effective after market close on May 30, 2025. Notably, no deletions were made from the index in this rebalancing. As a result of their inclusion, Coromandel International is expected to see passive inflows of approximately $252 million, while Nykaa is anticipated to attract inflows of around $199 million, according to estimates from Nuvama Alternative & Quantitative Research. Along with their addition to the MSCI Global Standard Index , both Coromandel International and GMR Airports have been included in the MSCI India Domestic Index. In contrast, auto components manufacturer Sona BLW Precision Forgings Ltd. has been removed from the domestic index. In addition to these changes, MSCI has also made adjustments to the MSCI India Domestic Smallcap Index , adding 12 new stocks while removing 21 others. The newly added companies to the Smallcap Index include Acme Solar Holdings , Authum Investment , AWL Agri Business , Dr. Agarwal's Health Care, Godrej Agrovet , Hexaware Technologies , International Gemmological Institute India, Le Travenues Technology , Premier Energies , Sagility India , Sai Life Sciences, and Sona BLW Precision Forgings. On the other hand, the 21 stocks that have been deleted from the MSCI India Domestic Smallcap Index include Aarti Drugs, Allcargo Logistics, Godrej Industries, Patel Engineering, Prince Pipes and Fittings, and Orchid Pharma, among others. All the changes in constituents for the MSCI India Domestic Small Cap Index will also take place as of the close of May 30, 2025. Also Read: Stocks in news: HAL, Eicher Motors, Airtel, Tata Motors, Cipla ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Mint
14-05-2025
- Business
- Mint
MSCI Rejig: Nykaa, Coromandel added to Global Standard Index in May rebalancing; 12 inclusions in India Smallcap Index
Coromandel International and FSN E-commerce Ventures, the parent company of the fashion and beauty e-tailer Nykaa, will be included in the MSCI India Index, which is part of the MSCI Global Standard Index, the global index provider said. In its May rebalancing announced on May 14, Coromandel International and Nykaa shares were added in the Global Standard Index, while there were no deletions from the Index. The changes will take place as of the closing of trade on May 30, 2025, MSCI said. Upon inclusion in the MSCI Global Standard Index, Coromandel International is estimated to witness passive inflows worth $252 million, while Nykaa is expected to see inflows to the tune of $199 million, according to Nuvama Alternative & Quantitative Research, Coromandel International and GMR Airports have also been included in the MSCI India domestic index, while auto components manufacturer Sona BLW Precision Forgings Ltd. has been excluded from the index. Moreover, 12 stocks have been added to the MSCI India Domestic Smallcap Index, while 21 stocks have been removed. Acme Solar Holdings, Authum Investment, AWL Agri Business, Dr. Agarwal's Health Care, Godrej Agrovet, Hexaware Technologies, International Gemmological Institute India, Le Travenues Technology, Premier Energies, Sagility India, Sai Life Sciences and Sona BLW Precision Forgings have been included in the MSCI India Domestic Smallcap Index. Aarti Drugs, Allcargo Logistics, Godrej Industries, Patel Engineering, Prince Pipes and Fittings, Orchid Pharma are among the 21 stocks that have been deleted from the index. All the changes in constituents for the MSCI India Domestic Small Cap Index will also take place as of the close of May 30, 2025. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
