MSCI an­nounces changes to sev­eral global in­dices

Business Standard - - THE SMART INVESTOR -

In­dex provider MSCI has an­nounced changes to sev­eral of its global in­dices as part of a semi-an­nual re­view. The re­jig­ging of MSCI Global Stan­dard and MSCI Small Cap In­dexes has im­pacted at least three dozen do­mes­tic stocks. Bri­tan­nia In­dus­tries, Petronet LNG and Vakrangee have been added to MSCI India Global Stan­dard In­dex, while Apollo Hos­pi­tals has been re­moved. Shares of Vakrangee gained 5.4 per cent to ~650 on Tues­day, while that of Bri­tan­nia, Petronet and Apollo lost 1.5 per cent, 2.9 per cent and 0.7 per cent, re­spec­tively.


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