Adani Energy, Laurus Labs enter MSCI index; Astral, SBI Cards exit

Adani Energy, Laurus Labs, Groww, and Lenskart are entering the MSCI India index, while Astr/ and SBI Cards are exiting. This rebalance may trigger passive fund inflows of $150 million into the added stocks. Index rejigs often lead to short-term volatility as FPIs adjust portfolios. Outgoing stocks may see temporary selling pressure.

📊 STOCKS: ADANITRANS, LAURUSLABS, ASTRAL, SBICARD | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #MSCI