MSCI to add four Indian firms to Global Standard index: Swiggy, Vishal Mega Mart among new entrants; $1 billion inflows expected
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MSCI is set to include four Indian stocks, notably Vishal Mega Mart and Swiggy, in its Global Standard index, potentially attracting $1 billion in inflows. Hitachi Energy India and Waaree Energies will also join the index. These changes, effective August 26, are projected to bring significant passive fund flows, with Swiggy anticipated to receive $289 million. What's Your Reaction?
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