MSCI August Rejig: Swiggy, Vishal Mega Mart added to flagship index. Check who else made the cut

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August 08, 2025

MSCI August Rejig: Swiggy, Vishal Mega Mart added to flagship index. Check who else made the cut

In its latest review, MSCI has announced the inclusion of four Indian stocks into its Global Standard Index, effective as of the close of August 26, 2025. The additions, Hitachi Energy India, Swiggy, Vishal Mega Mart, and Waaree Energies, highlight the growing relevance of these companies in India’s evolving equity landscape and are expected to drive significant index-linked activity.These inclusions are made on MSCI’s methodology, which considers market capitalisation, liquidity, and investability criteria. MSCI has also announced the removal of two Indian stocks from the Global Standard Index:Sona BLW PrecisionThermaxThese changes are part of MSCI’s regular rebalancing activity and are aimed at maintaining index representativeness in line with global standards.As per the latest estimates by Nuvama Alternative & Quantitative Research, the inclusions and exclusions in the MSCI India Index are expected to trigger substantial passive flows:Swiggy is expected to receive inflows of approximately $293 millionVishal Mega Mart may attract around $256 millionHitachi Energy India is estimated to draw $233 millionWaaree Energies could see passive inflows of about $230 millionOn the exclusion side:Sona BLW Precision could face outflows of $165 millionThermax may witness exits totalling $117 millionThe additions in the smallcap index include:Belrise IndustriesBrainbees SolutionsCapri Global CapitalCSB BankIndia GlycolsInventurus KnowledgeLloyds EnterprisesLumax Auto TechnologiesNexus Select TrustPrivi Speciality ChemSona BLW Precision (moved from Standard Index)Thermax (moved from Standard Index)Transrail Lighting LtdYatharth Hospital TraumaZinka Logistics SolnRemovals from the Small Cap Index include:Bharat DynamicsEasy Trip PlannersHikalJain Irrigation SystemsMSTCProtean EGov TechOverall, the MSCI announced that a total of 42 securities will be added to and 56 securities will be deleted from the MSCI ACWI Index. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)