India's weightage climbs to its highest ever on MSCI Global Standard index

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BENGALURU, Nov 15 (Reuters) - India's weightage in MSCI's Global Standard (Emerging Markets) index will move close to 16.3%, an all-time high, from the current 15.9%, after the index provider's November review...

This marks "a significant increase over the past three years, almost doubling its weight," Nuvama Alternative & Quantitative Research said in a note...

MSCI added nine Indian stocks to the index in its November review on Tuesday, with changes to come into effect from market close on Nov. 30..

MSCI added One 97 Communications (PAYT.NS) and Polycab India (POLC.NS) to its India Domestic Index, an index focussed on the large- and mid-cap segments of the domestic market...

Supreme Industries (SUPI.NS) and Max Healthcare Institute (MAXE.NS) have been included in the domestic index.. MSCI's small-cap index, which accounts for approximately 14% of the market capitalisation of Indian stocks in MSCI indexes, also witnessed an inclusion of 41 stocks while 13 stocks were excluded...

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