MSCI’s upcoming rebalancing of its India Standard Index could see Zomato and Blinkit-parent Eternal account for the highest inflows at $648 million owing to an increase in weightage, according to Nuvama, which named five high conviction inclusions and three high conviction exclusions.
The MSCI India Standard Index rejig is all set to be announced next month, with changes taking effect from August 31 onwards. The actual cut-off date used by MSCI will only be known on August 13, when the review announcement is released.