GK and monthly revision

Laurus Labs, Biocon, Ather Energy, Lenskart among probable MSCI India Standard Index inclusion candidates, says JM Financial

JM Financial has identified potential candidates for inclusion in the MSCI India Standard Index, with Laurus Labs and Biocon being high-probability additions from the Small Cap Index. Ather Energy and SAIL are considered medium-probability candidates. Conversely, SBI Card faces a high likelihood of exclusion. These changes could result in an influx of approximately $3.2 billion into Indian markets, significantly affecting institutional investors and the overall economy.