Nifty 17277.95 (0.75%)
Sensex 57858.15 (0.64%)
Nifty Bank 37706.75 (2.05%)
Nifty IT 34707.45 (-0.33%)
Nifty Financial Services 17789.8 (0.89%)
Adani Ports 711.10 (1.23%)
Asian Paints 3147.10 (-0.26%)
Axis Bank 752.20 (6.76%)
B P C L 382.55 (2.53%)
Bajaj Auto 3469.10 (2.57%)
Bajaj Finance 6963.75 (0.46%)
Bajaj Finserv 15528.95 (-1.13%)
Bharti Airtel 711.85 (3.18%)
Britannia Inds. 3539.30 (0.44%)
Cipla 905.65 (1.52%)
Coal India 161.15 (3.10%)
Divis Lab. 4049.20 (-0.18%)
Dr Reddys Labs 4402.85 (0.88%)
Eicher Motors 2692.00 (1.34%)
Grasim Inds 1721.30 (1.81%)
H D F C 2530.60 (-0.36%)
HCL Technologies 1123.70 (-0.11%)
HDFC Bank 1488.05 (0.09%)
HDFC Life Insur. 630.80 (0.51%)
Hero Motocorp 2782.05 (2.80%)
Hind. Unilever 2327.25 (1.87%)
Hindalco Inds. 485.75 (1.54%)
I O C L 121.45 (0.91%)
ICICI Bank 801.65 (0.40%)
IndusInd Bank 884.25 (3.88%)
Infosys 1722.15 (-0.84%)
ITC 214.30 (1.18%)
JSW Steel 631.15 (1.50%)
Kotak Mah. Bank 1854.65 (1.30%)
Larsen & Toubro 1925.30 (1.34%)
M & M 854.50 (-0.02%)
Maruti Suzuki 8602.60 (6.83%)
Nestle India 18790.75 (0.39%)
NTPC 135.30 (2.04%)
O N G C 165.15 (-0.33%)
Power Grid Corpn 218.85 (2.27%)
Reliance Industr 2373.25 (-0.20%)
SBI Life Insuran 1228.00 (0.24%)
Shree Cement 24497.50 (0.73%)
St Bk of India 514.65 (4.15%)
Sun Pharma.Inds. 808.05 (0.90%)
Tata Consumer 707.75 (2.36%)
Tata Motors 490.55 (2.53%)
Tata Steel 1109.10 (0.90%)
TCS 3769.90 (-0.04%)
Tech Mahindra 1500.60 (-0.83%)
Titan Company 2376.50 (-1.10%)
UltraTech Cem. 7098.35 (-0.81%)
UPL 791.15 (3.74%)
Wipro 562.70 (-1.75%)

MSCI India Index Rebalancing: All About MSCI Index

msci india index
News - Updates
by Nikita Bhoota 25/05/2021

What is MSCI Index India?

The MSCI India Index is designed to measure the performance of the large and midcap segments of the Indian market. With 96 constituents, the index covers approximately 85% of the Indian equity universe. The MSCI India Index was launched on Apr 30, 1993.
 

Index Performance — Gross Returns (%) (Apr 30, 2021)

Index 1M 3M 1Y YTD 3Y 5Y 10Y Since

30 Dec'94

MSCI India 0.39 8.32 48.94 5.65 11.33 13.43 10.03 11.42

Source: MSCI

 

Fundamentals

Index Dividend Yield (%) P/E P/E Fwd P/BV
MSCI India 1.01 36.02 21.09 3.41

Source: MSCI

 

Top 10 Constituents

Companies Index Wt (%) Sector
Reliance Industries 9.95 Energy
Infosys 8.07 Info Tech
HDFC 7.23 Financials
ICICI Bank 5.36 Financials
TCS 4.98 Info Tech
HUL 3.38 Cons Staples
Axis Bank 2.83 Financials
Bajaj Finance 2.59 Financials
Bharti Airtel 2.3 Comm Srvcs
HCL Technologies 1.71 Info Tech
Total 48.4 -

Source: MSCI

 

Sector Weights:

Sector Weights pie chart

Source: MSCI


The financial sector forms the major part of the MSCI India Index. Similarly, the Indian benchmark indices Nifty 50 and Sensex have also given higher weightage to the financial sector 37.82% and 33.16% respectively.


Rebalancing/Changes in constituents for the MSCI India Domestic Index

The following are changes in constituents for the MSCI India Domestic Index, which will take place as of the close of May 27, 2021. 

In the semi-annual review, May 2021, five stocks were added, and three were removed from MSCI India Index.

The 5 stocks added in the MSCI India Index are -

- Adani Enterprises

- Adani Total Gas

- Adani Transmission

- Apollo Hospital and

- SBI Cards and Payments

Stocks deleted from MSCI India Index are - 

- Zee Entertainment Enterprises

- TVS Motors and

- Abbott India

MSCI India Domestic Small Cap Index

The following are changes in constituents for the MSCI India Domestic Small Cap Index, which will take place as of the close of May 27, 2021.

In the semi-annual review released on Wednesday, 12 May,2021, thirty- four stocks were added, and Five were removed MSCI India Domestic Small Cap Index
The 34 stocks added in the MSCI India Domestic Small Cap Index are Abbott India, Alok Industries, Balaji Amines, Burger King India, Canara Bank, Cg Power & Industrial, Computer Age Management, Epl, Happiest Minds Tech, Indian Rail Cater & Tour, Indigo Paints, Intellect Design Arena, Kpit Technologies (New), Max Healthcare Institute, Nagarjuna Construction, Oracle Finl Svcs Softw, Poly Medicure, Prism Johnson, Route Mobile, Sequent Scientific (Is), Shriram City Union Fin, Skf India, Solara Active Pharma, Sumitomo Chemical India, Sun Tv Network, Supreme Industries, Supreme Petrochem, Trent, Tvs Motor Co, Uti Asset Management, Vardhman Textiles, Vst Industries, Zee Entertainment Ent, Zensar Technologies.

Adani Total Gas, Apollo Hospitals, Hemisphere Properties, KRBL and Mishra Dhatu Nigam have been deleted from the MSCI India Domestic Small Cap Index.

 

Disclaimer: The above report is compiled from information available on the public platforms. These are not buy or sell recommendations.

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