MSCI has recently announced its August 2025 changes, and Indian stocks are firmly in the focus now. Four big names – Swiggy, Vishal Mega Mart, Hitachi Energy India, and Waaree Energies have been added to the MSCI Global Standard Index.
These additions will come into effect after the market closes on August 26.
MSCI August rejig: Estimated foreign money flow?
According to projections by Nuvama Alternative & Quantitative Research, these changes could draw in significant foreign money.
Swiggy could see inflows of around $293 million, while Vishal Mega Mart may attract $256 million. Hitachi Energy and Waaree Energies are also in the mix, with expected inflows of $233 million and $230 million, respectively.
MSCI August rejig: Who is out of favour this time?
But as some stocks rise, others fall. Sona BLW Precision and Thermax are being shown the exit door from the Global Standard Index. Together, they are expected to see passive outflows of nearly $282 million.
MSCI August rejig: A busy reshuffle on the Small Cap front
It was not just the headline index that got a makeover. MSCI’s Small Cap Index saw a flurry of activity too.
Among the new names making their debut here are Capri Global, Brainbees Solutions (FirstCry), Belrise Industries, CSB Bank, India Glycols, Lloyds Enterprises, and Privi Speciality Chemicals, among others.
Interestingly, Sona BLW and Thermax will find themselves moving here after being dropped from the main index.
On the flip side, companies like Bharat Dynamics, Easy Trip Planners, Hikal, MSTC, Jain Irrigation, and Protean eGov Technologies are getting delisted from the small-cap universe altogether.
MSCI August rejig: The global scenario
Overall, the MSCI ACWI Index will see a net churn with 42 securities being added and 56 being removed globally.
Such rejigs are not just cosmetic. They directly impact how large institutional funds, especially ETFs and index-tracking investors, allocate their capital.