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The Economic Times
The Economic Times
Business
Veer Sharma

Swiggy shares fall 2%, down for 3rd session, as MSCI set to remove stock from Global Standard Indexes from September 7

Swiggy MSCI Instamart Jefferies NSDL

Shares of food delivery and quick commerce major Swiggy declined 2% to Rs 262 on the BSE on Thursday after MSCI announced it will remove the company from its Global Standard Indexes following restrictions on its foreign ownership limit. The stock is now down for a third session in a row.

MSCI said it will delete the stock under the foreign ownership limit event category, with the change taking effect from September 7, 2026.

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