In its quarterly index review MSCI has added Hyundai Motor India to the MSCI Emerging Markets Index, and also to the MSCI India Domestic Index, from which it has removed Adani Green Energy.
In the February review, the MSCI said it continued to monitor Adani Group and associated securities, including those related to free float, and would issue further communication if appropriate.
There have been several additions to the MSCI India Domestic Small Cap Index. These are Afcons Infrastructure, Akums Drugs and Pharma, Allied Blenders, Ask Automotive, Black Box, Cartrade, E2E Networks, Jyoti CNC Automation, Kovai Med Center, Manorama Industries, Niva Bupa Health, Ola Electric, Pearl Global, Shaily Engineering, Sundaram Clayton, TBO Tek, V2 Retail, Websil Energy and Zaggle Prepaid.
The following stocks have been deleted: Advanced Enzyme, Bajaj Hindusthan Sugar, Balmer Lawrie, Bharat Bijlee, DCB Bank, Fineotex Chemical, Jai Corp, Jamna Auto, La Opala, Magellanic Cloud, Mahindra Logistics, Sanghvi Movers, Shivalik Bimetals, Spandana Sphoorthy, Sula Vineyards, Sun Pharma Advanced and West Coast Paper Mills.