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The latest announcement regarding MSCI Global Standard Rebalancing will come after the market closes on November 6. This rebalancing will be for the month of November, which will be effective from November 26, 2024. MSCI had announced this on February 12 itself and also sought feedback for possible rebalancing. Earlier this rebalancing was to be done on November 27, but due to the US market being closed on the occasion of Thanksgiving, November 26 was chosen as the effective date considering the settlement date.
This time, many stocks are expected to be included in the index under rebalancing. At the same time, some stocks may also be out. Due to the increase in the weightage of HDFC Bank, inflow can also be seen.
According to the estimates of brokerage firms, the weightage of this stock may increase for the second time due to the data of FIIs. The weightage of this stock also increased in the rebalancing of the month of August. Brokerage firms have made such an estimate after the recent shareholding. The shareholding headroom of FIIs is 24.97%. In such a situation, the weightage of this stock may increase in MSCI Global Standard Rebalancing. Brokerage firms estimate that in case of increase in weightage, HDFC Bank may see an inflow of $ 1.8 billion. HDFC Bank has seen purchases worth ₹ 15,000 crore. JM Financial has said in its report that this time BSE, Voltas, Adani Green Energy, Alkem Labs, Oberoi Realty and Kalyan Jewellers are also expected to be included in the rebalancing. These stocks may see an inflow of $130 million to $312 million. They may be included in the index
| Stocks | Inflow (in $) |
| BSE | 312 million |
| Voltas | 240 million |
| Adani Energy | 208 million |
| Alkem Lab | 189 million |
| Oberoi Realty | 137 million |
| Kalyan Jewellers | 130 million |
| Source: JM Financial | |
The MSCI Global Standard Index tracks stocks in the largecap and midcap segments. It has 151 stocks, of which 85% are Indian equity stocks.
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