MSCI raises Indian stocks' weightage to record high in key index
Tuesday, 13 February 2024
MSCI included five new Indian companies in its Global Standard index and excluded 66 Chinese companies. GMR Airports Infrastructure was reclassified to the mid-cap segment from the small-cap category. Punjab National Bank and Union Bank of India were included in the large-cap segment, with Bharat Heavy Electricals and NMDC in the mid-cap category.
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