Now Reading: MSCI adds Laurus Labs, Lenskart, Adani Energy, Groww to index
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MSCI adds Laurus Labs, Lenskart, Adani Energy, Groww to index
MSCI has added four stocks to its Standard Index: Laurus Labs, Lenskart, Adani Energy Solutions and Groww. In the quarterly rejig, Balkrishna Industries, SBI Cards and Astral have been removed. The changes…
The Story in Brief
MSCI has added four stocks to its Standard Index: Laurus Labs, Lenskart, Adani Energy Solutions and Groww. In the quarterly rejig, Balkrishna Industries, SBI Cards and Astral have been removed. The changes will take effect at the close of trading on February 28, 2025. Index additions typically draw passive fund inflows, while deletions lead to outflows.
Laurus Labs, a drugmaker, and Adani Energy Solutions join alongside fintech firm Groww and eyewear retailer Lenskart. MSCI does not publicly disclose the exact weight of each entrant. The rebalancing follows MSCI's February 2025 review of over 3,000 stocks across global markets.
The Indian Opinion
The narrative around MSCI index changes often swings between euphoria over inflows and panic about outflows. Yet moves like Lenskart's inclusion reflect India's startup-to-market journey, not just index math. The missing debate is whether these additions actually improve index quality or merely track market cap growth. Watch for how much passive money actually flows to new entrants versus the exit of SBI Cards and others. A simpler test: will these stocks outperform the broader market over the next quarter?
Source: ndtvprofit.com
This story was synthesised by AI from the source linked above.
