Maruti, BoB and Yes bank may enter MSCI India: Emkay

Stocks such as Maruti Suzuki, Bank of Baroda, Ashok Leyland, Yes Bank, Indian Oil Corporation Ltd (IOCL) are likely to make an entry into in the MSCI India index as per Emkay, a research analyst firm.

MSCI is an emerging market index that is reviewed every quarter. The result for this quarter will be announced on November 12 and rebalanced index will be effective from December 1.

As per a report by Emkay, Maruti Suzuki will attract the highest inflows to the tune of 369 million dollars with a weight of 2.46 per cent. Ashok Leyland will attract inflows to the tune of 105 million dollars, Bank of Baroda to the tune of 121 million dollars.

The inclusion of Yes Bank would result in inflow of 160 million dollars and IOCL to the tune of 64.8 million dollars.