MSCI rejig: Fortis, Paytm promoted; Tata Elxsi, CONCOR demoted

MSCI India index rejig reshuffles key stock allocations. Fortis and Paytm promoted to Standard index, while Tata Elxsi and CONCOR demoted. Changes effective after market close, affecting passive fund flows and portfolio rebalancing. Index composition shifts may trigger institutional buying/selling activity in affected stocks.

📊 STOCKS: $FORTIS | $PAYTM | $TATAELXSI | $CONCOR | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #IndexRejig