MSCI is shaking up its MSCI Emerging Markets Standard Index by adding four Indian companies (LIC, Coforge, Adani Green Energy, and Meesho) starting November 30, 2026.
These additions are expected to bring in big investment inflows: Coforge could see around $630 million, while LIC and Adani Green aren't far behind.
MSCI index expands, India's weight rises
With these new entries, the index grows from 165 to 168 stocks. India's overall weight in the index will nudge up a bit, from 11.5% to 11.7%, which means more global attention on Indian shares.
PI Industries will be dropped from the list, possibly leading to outflows, while some familiar names like JSW Steel and Paytm get a boost in their weighting.
Interestingly, ICICI Prudential Life Insurance kept its spot despite predictions it would be cut, a move that caught some market watchers by surprise.