MSCI Index Shake-Up: Hyundai India Joins Global Standard Index, Adani Green Dropped; Zomato & IndusInd Bank Gain Weight

 

Global index provider MSCI Inc. has announced its February 2025 index review, with the changes set to take effect after market close on February 28.

 

Key Additions & Removals

 

Hyundai Motor India Ltd. is the only large-cap Indian stock added to the MSCI Global Standard Index, securing the highest weight increase among Indian stocks.

 

Adani Green Energy has been removed from the index, marking a major exclusion.

 

 

Stocks Gaining Weight

 

Several companies saw an increase in their weight within the MSCI Standard Index, including Zomato, IndusInd Bank, Mankind Pharma, Varun Beverages, Torrent Pharmaceuticals, Dixon Technologies, PB Fintech, and Voltas.

 

Stocks Facing Weight Reduction

 

On the flip side, the biggest weight decreases were observed in Adani Green Energy, Reliance Industries, HDFC Bank, Infosys, ICICI Bank, Bharti Airtel, TCS, Mahindra & Mahindra, L&T, and Axis Bank.

 

MSCI India Domestic Small-Cap Index

 

20 stocks have been newly included, featuring names like Ola Electric Mobility, Jyoti CNC Automation, Afcons Infrastructure, and Greaves Cotton.

 

17 stocks were removed, including Bajaj Hindusthan Sugar, DCB Bank, Mahindra Logistics, and Sula Vineyards.

 

 

Adani Energy Solutions Update

 

MSCI also confirmed that previously postponed changes related to Adani Energy Solutions—including adjustments in the Number of Shares (NOS), Foreign Inclusion Factor (FIF), and Domestic Inclusion Factor (DIF)—will be implemented in this review.