Adani Energy added, RVNL removed from MSCI index

Adani Energy added, RVNL removed from MSCI index. Adani Energy Solutions will be included in the MSCI Global Standard Index following the latest rebalancing, effective August 2024. Meanwhile, Rail Vikas Nigam (RVNL) has been removed, triggering potential outflows from passive funds tracking the index. Inclusion may attract $100–150 million in foreign inflows to Adani stock, while RVNL could see selling pressure.

📊 STOCKS: ADANIENSOL, RVNL | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #MSCI