Nykaa, Paytm added to MSCI India Index; Tata Elxsi exits

Nykaa and Paytm added to MSCI India Index; Tata Elxsi excluded. The index rebalancing brings 2 major stocks into the benchmark while removing Tata Elxsi. Index inclusion typically drives passive fund inflows and improved liquidity for the added constituents. This rebalancing reflects changing market dynamics and valuations in the MSCI India methodology.

📊 STOCKS: NYKAA | PAYTM | TATAELXSI | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #MSCIRebalancing