The August review of the MSCI Standard Index could attract about $1.18 billion of inflows into India through the inclusion of six companies: Vodafone Idea, Prestige Estates, Oberoi Realty, Schaeffler India, Dixon Technology and Uno Minda, according to Nuvama Institutional Equities. 

Additionally, stocks like Rail Vikas NigamZydus Lifescience, Oracle Financial and Oil India are on the radar and have the potential to contribute a total inflow of $1 billion. To make the cut to the Index the stock needs to have anywhere between 10 – 35% jump in its closing value on June 29, 2024.

MSCI Standard Index review on August 13

The review continues to be action-packed, with the official announcement scheduled for August 13 and implementation on August 30.

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