Company updateEconomic Times
MSCI adds LIC, Coforge, Adani Green, Meesho to index
Positive+393 sources
GreyOak summary
MSCI added LIC, Coforge, Adani Green Energy, and Meesho to its Emerging Markets Standard Index while excluding PI Industries. The changes, effective November 30, are expected to generate significant passive inflows for the added stocks and outflows for the excluded one. India's weight in the broader index will rise to 11.7%, and several other stocks will see weight adjustments.
What it affects
- Life Insurance Corporation Of IndiaLICIPositive +39
Added to MSCI index; expected inflowsRolling sentiment Positive +33
Source
Read the original at Economic TimesMore Life Insurance Corporation Of India news
- LIC portfolio value falls 4.97% to 15.49 lakh croreEconomic Times · Results ·
- MSCI rejig: LIC, Meesho, Coforge set to gain from index inclusion. How much inflows could they attract?Economic Times · Company update ·
- MSCI Nov rejig: LIC, Adani Green, Meesho among 4 additions; PI Inds exitsBusiness Standard · Company update ·
- Coforge, LIC, Adani Green, Meesho added to MSCINDTV Profit · IPO & listing ·
- Life insurers see strong October premium growthCNBC-TV18 · Company update ·