The May review of the MSCI indices will be conducted on Wednesday, May 15, with the adjustments coming into effect on May 31. With the reshuffle announced by the global index services provider, Indian equities will attract inflows from passive funds tracking emerging market (EM) indices tomorrow.
At least 12 stocks could be included in MSCI global standard index. The list includes Indus Towers, Phoenix Mills, Policy Bazaar, Sundaram Finance, NHPC, Bosch, Solar Industries, Jindal Stainless, Mankind Pharma, Torrent Power, JSW Energy and Canara Bank.