MSCI has added Aditya Birla Capital and L&T Finance to its Global Standard Index

GK and monthly revision
Birla Capital, L&T Finance enter MSCI Index
MSCI has added Aditya Birla Capital and L&T Finance to its Global Standard Index, anticipating nearly $495 million in passive inflows. IRCTC will be excluded, potentially seeing $141.6 million in outflows. The MSCI India Small Cap Index also saw significant rejigging with additions and deletions. This is important for exam preparation as it indicates changes in major stock market indices, which can impact investments and the economy.
Revision structure
Key points
Exam-ready takeaways
MSCI anticipates nearly $495 million in passive inflows due to the additions
IRCTC will be excluded from the MSCI Index, potentially seeing $141.6 million in outflows
The MSCI India Small Cap Index saw significant rejigging with additions and deletions
These changes in major stock market indices can impact investments and the economy
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