Vishal Mega Mart, Swiggy may be included in MSCI Standard Index

Mumbai: Nuvama Alternative & Quantitative Research said Vishal Mega Mart, Swiggy, Hitachi Energy India and Waaree Energies may be added to global index provider MSCI's Standard index in its August review announcement scheduled for Friday. The four stocks are likely to see combined inflows of $1.03 billion. Sonacoms and Thermax may be excluded from the Standard index, and might see outflows of 186 million and $154 million.

According to Nuvama Alternative's head Abhilash Pagaria, the MSCI Smallcap Index might see 12 additions and 4 exclusions. Inventurus Knowledge Solutions, Brainbees Solutions, Ather Energy, and Zinka Logistics Solutions may be among the likely inclusions.