MSCI adds Adani Energy Solutions, Lenskart Solutions, Laurus Labs to India Domestic Index
New Delhi, August 13
MSCI has added Adani Energy Solutions, Billionbrains Garage Ventures, Laurus Labs and Lenskart Solutions to its India Domestic Index, while removing Astral, Balkrishna Industries and SBI Cards and Payment Services as part of its August 2026 index review.
The changes to the MSCI India Domestic Index will take effect from the close of August 31, according to the index provider.
The additions include companies from different parts of the Indian market, while the deletions include Astral, Balkrishna Industries and SBI Cards and Payment Services, marking a reshuffle of the index's constituents.
The MSCI India Domestic Index tracks Indian stocks selected according to MSCI's index methodology and is part of MSCI's broader family of equity indexes. Such indexes are used by global market participants to track segments of equity markets, with changes in constituents reflecting periodic reviews by the index provider.
The changes are part of MSCI's August 2026 Index Review, which covers its equity indexes globally.
At the global level, 55 securities will be added to and 92 securities deleted from the MSCI ACWI Index. The MSCI Emerging Markets Index will see additions including Z.AI Co H of China, Nanya Technology of Taiwan and Guangdong Dtech Technology A of China, measured by full company market capitalisation.
The review will also bring changes to MSCI's Global Small Cap, GIMI, Global All Cap and Frontier Markets indexes.
The MSCI ACWI Small Cap Index will see 203 additions and 261 deletions, while the MSCI ACWI IMI will have 184 additions and 279 deletions.
In the MSCI Frontier Markets Index, six securities will be added and five deleted. The three largest additions by full company market capitalisation include Asia Commercial Joint Stock Bank of Vietnam, Oman India Fertiliser Company and Southeast Asia Commercial Joint Stock Bank of Vietnam.
The next MSCI regular index review is scheduled to be announced on November 11, 2026, with changes taking effect from December 1, 2026.
These changes, along with others across MSCI Equity Indexes including the MSCI US Equity Indexes, MSCI US REIT Index, MSCI China A Onshore Indexes and China All Shares Indexes are available on MSCI's "Index Review" web page.
— ANI
Reader Comments
SBI Cards being removed is a bit surprising honestly. They've been a solid player in the fintech space. But I guess MSCI has their own criteria. Market cap and liquidity matter more than brand value. Not all bad though - the index rebalancing will create some buying opportunities elsewhere.
Adani again? Not surprised at all. The group keeps expanding across sectors and institutional money follows. But let's be honest - the concentration of Adani stocks in indices needs to be watched. It's getting too big for its own good. 🤔
The August 2026 review timeline is interesting - takes effect from August 31 but next review is already scheduled for November. Global investors tracking these indices will need to rebalance their Indian portfolios. It's a domino effect - FII flows will shift, which affects our market liquidity. Good analysis material for my MBA project.
As someone who manages US-based funds with India exposure, these MSCI changes matter a lot for our allocation strategy. The addition of Laurus Labs makes sense given the pharma sector's growth. But I wonder about the timing - with global uncertainty, will these changes actually attract more foreign money into India?
Ye sab index games hain yaar. Retail investors ko zyada tension lene ki zaroorat nahi hai. Long term mein Indian market strong hai - chahe MSCI add kare ya remove kare. Bas SIP jaari rakho aur patience rakho. 😎📈
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