What is MSCI India Index? MSCI INDIA INDEX REBALANCING w.e.f. 30.11.2021😊Zomato🤓 IRCTC🤓SRF🤓TATA POWER🤓BEL🤓Mindtree
The MSCI India Index is designed to measure the performance of the large and mid cap segments of the Indian market. With 101 constituents, the index covers approximately 85% of the Indian equity universe.
The MSCI India Index was launched on 30th April 1993.
MSCI – Morgan Stanley Capital International
MSCI India Index Performance is shown in below chart – Blue line is indicating MSCI India Index Performance
Periodicity of Rebalance in MSCI India Index
The global index provider MSCI generally reviewed quarterly and rebalances its indices semi-annually. The adjustment for its November semi-annual index rebalancing will take place on November 30, 2021 and the same will be effective from December 1.
The index is reviewed quarterly—in February, May, August and November—with the objective of reflecting change in the underlying equity markets in a timely manner, while limiting undue index turnover. During the May and November semi-annual index reviews, the index is rebalanced and the large and mid capitalization cutoff points are recalculated
Upcoming Changes / Rebalancing in MSCI India Index w.e.f 01.12.2021
The changes in constituents for the MSCI India Domestic Index includes inclusion of nine stocks whereas deletion of two stocks, which will take place as of the close of November 30, 2021.
Zomato, SRF, Tata Power, Mindtree, Godrej Properties, Indian Railway Catering and Tourism Corporation (IRCTC), Mphasis, Bharat Electronics, Bajaj Holdings And Investment Ltd are the additions in the standard index whereas IPCA Laboratories and REC are removed.
Addition of stocks in MSCI India Index does signifies to the investors that the new fund flow is expected in these stocks based on the rebalancing of the stocks and hence you can expect good up move in these added stocks  but it may or may not be true for each and every stock. However it’s always a good news for retail trader as well as investors and immediately upon getting the news you can expect the up move in these stocks.
Data Source :- MSCI