MSCI Adds BoB, CG Power in Rejigged India Index
MSCI has marginally increased the weights of Reliance Industries, HDFC, Infosys, ICICI Bank, and TCS. The other stocks where outflows could be seen due to a reduction in weightage include HCL Technologies ($97 million), Jindal Steel & Power ($19 million), Shriram Finance ($14 million), and ACC ($12 million), according to Nuvama.