Fortis, Paytm GE Vernova, and Siemens Energy to be Added to MSCI Index

Global index provider MSCI has announced changes to its India Smallcap and India Standard indices as part of its semi-annual review for November 2025. These adjustments will come into effect after market close on Monday, November 24.

Addition and Exit from MSCI

Key additions to the MSCI India Standard Index include Fortis Healthcare, One97 Communications (Paytm), GE Vernova T&D, and Siemens Energy India. Exits from the Standard Index are Tata Elxsi and state-owned Container Corporation of India (CONCOR), both of which will now be part of the Smallcap Index.

MSCI also highlighted that 8 stocks will see their weightings increase, while six will have their weights reduced. Following these changes, India’s representation in the MSCI Standard Index will edge up slightly to 15.6% from 15.5%, and the total number of constituents will rise to 163 from 161.

Stocks with increased weightings: Asian Paints, Apollo Hospitals, Lupin, SRF, Suzlon Energy, Yes Bank, Alkem Laboratories, and Jubilant Foodworks. Stocks seeing reduced weightings: Samvardhana Motherson, Dr. Reddy's Laboratories, REC, Zydus Lifesciences, Bharat Forge, and Colgate-Palmolive India.

Inflows and Outflows

As per news reports, the four new Standard Index additions include Fortis, Paytm, GE Vernova T&D, and Siemens Energy India are expected to attract inflows ranging from $252 million to $436 million, while the two companies moving to the Smallcap Index could face outflows of up to $162 million.

Among stocks with higher weightings, Asian Paints could see inflows of up to $95 million, followed by Apollo Hospitals ($41 million), Lupin ($35 million), and SRF ($34 million). Conversely, stocks facing weight reductions such as Samvardhana Motherson and Dr. Reddy's Laboratories may experience outflows of up to $53 million and $51 million, respectively.

Also Read: NTPC Green, Go Digit Insurance and 2 More Companies to See Lock-In Expiry This Week: What You Need to Know?

In the Smallcap Index, aside from Tata Elxsi and CONCOR, new entrants include ACC, Honeywell Automation, Leela Palaces & Hotels, and Blue Jet Healthcare. Companies exiting the Smallcap Index include Restaurant Brands Asia, Rain Industries, Raymond, Balaji Amines, Quess Corp, and several others.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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