MCX, Indian Bank added to MSCI index; RVNL, Kalyan Jewellers removed

MCX, Indian Bank added to MSCI index; RVNL, Kalyan Jewellers removed. MSCI has included MCX and Indian Bank in its India index effective August 1, boosting their visibility to global passive funds. RVNL and Kalyan Jewellers were excluded, potentially triggering outflows. Index rebalances may influence FII portfolio allocations and near-term demand-supply dynamics for these stocks.

📊 STOCKS: MCX, INDBANK, RVNL, KALYANKJIL | 🏢 SECTOR: Indices | #MEDIUMIMPACT #MSCI