MSCI adds Adani Energy, Lenskart to India index; drops SBI Cards

MSCI’s August 2026 review adds Adani Energy Solutions, Lenskart, Laurus Labs, and Billionbrains Garage to its India Domestic Index. Companies like Astral, Balkrishna Industries, and SBI Cards and Payment Services will be removed, effective Aug 31.

MSCI has added Adani Energy Solutions, Billionbrains Garage Ventures, Laurus Labs and Lenskart Solutions to its India Domestic Index, while removing Astral, Balkrishna Industries and SBI Cards and Payment Services as part of its August 2026 index review. The changes to the MSCI India Domestic Index will take effect from the close of August 31, according to the index provider. The additions include companies from different parts of the Indian market, while the deletions include Astral, Balkrishna Industries and SBI Cards and Payment Services, marking a reshuffle of the index’s constituents.

The MSCI India Domestic Index tracks Indian stocks selected according to MSCI’s index methodology and is part of MSCI’s broader family of equity indexes. Such indexes are used by global market participants to track segments of equity markets, with changes in constituents reflecting periodic reviews by the index provider.

Global Index Reshuffle

The changes are part of MSCI’s August 2026 Index Review, which covers its equity indexes globally. At the global level, 55 securities will be added to and 92 securities deleted from the MSCI ACWI Index. The MSCI Emerging Markets Index will see additions including Z.AI Co H of China, Nanya Technology of Taiwan and Guangdong Dtech Technology A of China, measured by full company market capitalisation.

Small Cap and Frontier Market Adjustments

The review will also bring changes to MSCI’s Global Small Cap, GIMI, Global All Cap and Frontier Markets indexes. The MSCI ACWI Small Cap Index will see 203 additions and 261 deletions, while the MSCI ACWI IMI will have 184 additions and 279 deletions. In the MSCI Frontier Markets Index, six securities will be added and five deleted. The three largest additions by full company market capitalisation include Asia Commercial Joint Stock Bank of Vietnam, Oman India Fertiliser Company and Southeast Asia Commercial Joint Stock Bank of Vietnam.

Next Review Schedule

The next MSCI regular index review is scheduled to be announced on November 11, 2026, with changes taking effect from December 1, 2026. These changes, along with others across MSCI Equity Indexes including the MSCI US Equity Indexes, MSCI US REIT Index, MSCI China A Onshore Indexes and China All Shares Indexes are available on MSCI’s “Index Review” web page.

(Except for the headline, this story has not been edited by Asianetnews Editorial staff and is published from a syndicated feed.)

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