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MSCI rejig could trigger over $250 mn passive selling
Business Standard
|August 09, 2025
The latest rebalancing by global index provider MSCI could trigger selling of over $250 million by passive funds.
This is largely on the back of reduction in weightings of companies such as Eternal (formerly Zomato), Asian Paints, and Jindal Steel & Power and deletion of Sona BLW Precision and Thermax from the MSCI Global Standard Index.
Nuvama Institutional Equities expects net outflows between $250 million and $270 million.
The outflows could have been higher if not for inclusion of stocks like Swiggy, Vishal Mega Mart, Hitachi Energy, and Waaree Energies in the index.
This story is from the August 09, 2025 edition of Business Standard.
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