MSCI Index rejig: Nine stocks including IndusInd Bank, Suzlon Energy, Paytm, likely to enter global index; details here

livemint.com:

IndusInd Bank, Suzlon Energy, Persistent Systems, APL Apollo, and One97 Communications, parent company of Paytm, to the closely watched Morgan Stanley Capital International (MSCI)Global Standard Index, which will be rejigged on November 15, highlighted brokerage Nuvama Alternative & Quantitative Research in its report. As per the brokerage report, with IndusInd Bank's debut, the stock will see $290 million in inflows.

Suzlon might get $264 million, Persistent Systems may see $258 million, One97 Communications may receive$163 million, and APL Apollo might get$227 million. In addition to these names, the following companies might also be included in the MSCI Standard Index: Polycab (with inflows of $190 million), Macrotech Developers (with inflows of $183 million), Tata Motors DVR (with inflows of $173 million), and Tata Communications (with inflows of $160 million), according to the report.