Company updateBusiness Standard
MSCI Nov rejig: LIC, Adani Green, Meesho among 4 additions; PI Inds exits
Positive+29
GreyOak summary
MSCI rebalanced its India Standard Index by adding Coforge, LIC, Adani Green Energy, and Meesho while excluding PI Industries. Estimated inflows are projected at $630 million for Coforge and $468 million for LIC. India's weight in the MSCI EM Index is set to rise from 11.5% to 11.7%.
What it affects
- Life Insurance Corporation Of IndiaLICIPositive +29
Added to MSCI India Standard Index.Rolling sentiment Positive +33
Source
Read the original at Business StandardMore Life Insurance Corporation Of India news
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