Adani Energy, Lenskart added to MSCI index; SBI Cards, Astral dropped
Adani Energy, Lenskart added to MSCI index; SBI Cards, Astral dropped. MSCI has included Adani Energy Solutions and Lenskart in its India index, effective next quarter. SBI Cards and Astral will be excluded, triggering rebalancing by passive funds. Inclusion may attract $100–150 million in passive inflows; exclusion could lead to similar outflows.
📊 STOCKS: ADANIENT, LENSKART, SBICARD, ASTRAL | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #MSCI
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