01-November-2024
Markets and Finance
 
MSCI May review: Canara Bank, JSW Energy, NHPC included; Paytm excluded
15-May-2024

MSCI Inc (Morgan Stanley Capital International) has included 13 domestic stocks including Canara Bank, JSW Energy, Mankind Pharma and NHPC in its Global Standard Index, resulting in an increase in the country’s weight in the index to close to 19 per cent from the current 18.3 per cent. MSCI indexes are globally tracked by investors who allocate funds based on the weightage given to countries and stocks.

News Source:- https://indianexpress.com/article/business/market/india-weight-msci-global-standard-index-equity-index-china-9329876/