Mumbai: Global index provider MSCI will implement its November 2025 Index Review changes after market closing today, bringing significant shifts to the MSCI India Index under the MSCI Global Standard Index. The reshuffle includes four key additions, two deletions, and several weight adjustments that are set to trigger substantial passive fund flows across multiple sectors.
As part of the update, Fortis Healthcare, One 97 Communications (Paytm), GE Vernova T&D India, and Siemens Energy India have been added to the MSCI India Index. These inclusions are expected to attract strong inflows as global passive funds adjust their portfolios to reflect the index changes. Research estimates suggest that Fortis Healthcare may receive around ₹4,159 crore, Paytm about ₹4,071 crore, GE Vernova approximately ₹3,363 crore, and Siemens Energy nearly ₹2,390 crore in passive inflows. These additions highlight increasing investor confidence in the healthcare, digital payments, and energy infrastructure sectors.
However, the rejig also brings exits. Tata Elxsi and Container Corporation of India (Concor) have been removed from the index. These exclusions are likely to trigger passive outflows of around ₹1,504 crore from Tata Elxsi and ₹1,416 crore from Concor, potentially exerting short-term pressure on their stock prices.
In addition to inclusions and exclusions, several companies are set to witness weight upgrades within the MSCI Global Standard Index. Stocks such as Asian Paints, Apollo Hospitals, Lupin, SRF, UPL, Alkem Laboratories, and Jubilant Foodworks are expected to see inflows ranging from ₹140 crore to ₹855 crore, driven by increased index weightage.
Conversely, certain companies may face outflows due to weight reductions. These include Samvardhana Motherson, Dr Reddy’s Laboratories, REC, Zydus Lifesciences, Bharat Forge, Colgate-Palmolive, Voltas, and Sundaram Finance, with estimated outflows between ₹27 crore and ₹500 crore.
All changes under the MSCI Global Standard Index for November 2025 will become fully effective after market closing today. The rejig is expected to cause heightened trading activity as both domestic and global investors rebalance their portfolios in line with the updated index composition.
