Adani Energy, Oberoi Realty, and BSE Likely to Join MSCI Global Index; Big Inflows Expected

According to Nuvama Alternative & Quantitative Research, Adani Energy Solutions, Kalyan Jewellers, Oberoi Realty, BSE, and Alkem Laboratories are likely to be added to the MSCI Global Standard Index. Voltas also has a chance, though it’s less certain.

MSCI’s official announcement about these additions is expected on November 7, with the changes set to take effect on November 25.

If included, Adani Energy Solutions could attract $306 million in inflows from passive investors, while BSE might bring in $257 million. Oberoi Realty, Alkem Laboratories, and Kalyan Jewellers could see inflows of $218 million, $211 million, and $210 million, respectively, based on predictions by Abhilash Pagaria, Nuvama’s head of Alternative & Quantitative Research.

In addition, companies like Brainbees Solutions, Ola Electric, Jyoti CNC Automation, Anthem Investment, Signature Global, Eureka Forbes, and Aadhar Housing are likely to join the MSCI Small Cap Index.