MSCI Index Shake-Up: Paytm & Fortis In, Tata Elxsi Out! Massive Fund Flows Incoming?

Overview

MSCI's latest index rejig, effective today, will see significant fund movements in Indian stocks. Fortis Healthcare and One97 Communications (Paytm) are poised for substantial inflows, while Tata Elxsi and CONCOR are set for outflows as they exit the MSCI India Standard Index. Several other stocks will see weight adjustments, impacting investment strategies.