MSCI reshuffle adds Laurus Labs, drops SBI Card

MSCI reshuffle adds Laurus Labs, drops SBI Card. Laurus Labs, along with three others, has been added to the MSCI India Index, effective next rebalance. SBI Card, Astral, and BKT are being removed, potentially triggering passive fund outflows. Inclusion often brings $50-70 million in foreign inflows, while exclusion may see outflows.

📊 STOCKS: $LAURUSLABS $ASTRAL $BKT $SBICARD | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #MSCI