MSCI Index Review May Trigger $250–270 Million Outflow from India

Eternal Ltd may see $600 million in passive fund outflows due to MSCI weight cut after capping foreign ownership. Asian Paints may lose over $100 million. Swiggy, Vishal Mega Mart, Hitachi Energy, and Waaree Energies are set for inclusion, while Sona BLW and Thermax face exclusion, contributing to overall outflows.