Business

MSCI Adds Paytm, Fortis, GE Vernova T&D, and Siemens Energy India to Global Index, Signalling $1.46 Billion in Inflows

At the same time, MSCI will remove two Indian firms—Tata Elxsi and Container Corporation of India—from the index, which may lead to outflows of roughly $162 million and $146 million respectively.

• By Newsdesk
• New Delhi
• Nov 07, 2025

Business

In a major boost for Indian equities, global index provider MSCI has announced the inclusion of four Indian-listed companies—Paytm, Fortis Healthcare, GE Vernova T&D India, and Siemens Energy India—into its flagship Standard Index, effective November 24.

Analysts estimate that these additions could attract approximately $1.46 billion in institutional inflows, underscoring the growing global appetite for Indian stocks. Given that trillions of dollars in assets track MSCI indices, even small changes in index composition can trigger significant shifts in global capital allocation.

At the same time, MSCI will remove two Indian firms—Tata Elxsi and Container Corporation of India—from the index, which may lead to outflows of roughly $162 million and $146 million respectively.

The rebalancing will also alter the weightage of several companies, with eight Indian stocks gaining prominence and seven seeing reductions. Notable beneficiaries include Asian Paints and Apollo Hospitals, while Dr. Reddy’s Laboratories and Zydus Lifesciences are among those losing weight.

Following the review, India’s overall weight in the MSCI Standard Index will rise slightly from 15.5% to 15.6%, marking another step in the country’s increasing representation in global benchmarks. Meanwhile, MSCI has raised the minimum market capitalisation requirement for small-cap inclusions to $505 million from $448 million, resulting in India recording the second-highest number of small-cap exclusions globally.

The reshuffle is expected to drive short-term buying interest in the newly added companies as passive and active funds adjust their portfolios, further reinforcing India’s growing role in the global investment landscape.

(Source: Reuters)