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Trent gains 12%, YES Bank up 5% on MSCI India index inclusion from December

MSCI Inc. will add 12 India stocks to its standard index and remove two as part of the semi-annual review of the world's largest index compiler.

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Meanwhile, MSCI Inc. also said it will add 30 India stocks to its global smallcap index and remove 8 as part of the semi-annual review.

SI Reporter Mumbai
Shares of Adani Green Energy, Trent, YES Bank, Balkrishna Industries and Apollo Hospital Enterprises rallied up to 12 per cent on the BSE in intra-day trade on Wednesday on reports of inclusion in MSCI India index.

MSCI Inc, a leading provider of research-based indexes and analytics, announced Tuesday the results of the November 2020 semi-annual index review for the MSCI Equity Indexes. MSCI Inc. will add 12 India stocks to its standard index and remove two as part of the semi-annual review of the world’s largest index compiler. All changes will be implemented as of the close of November