MSCI Creates Major Volatility in Adani Stocks, Reliance!

MSCI Rejig Creates Major Volatility in Adani Stocks, Reliance and Other Shares Indian stocks are witnessing increased volatility on Monday as MSCI index changes take effect, creating significant buying and selling flows across several large and mid-cap companies. The MSCI reshuffle is particularly important because passive funds and exchange-traded funds that track MSCI indices need to adjust their portfolios according to the new index weights. Several Indian stocks are being added or seeing their weightings changed, while some companies are experiencing reduced weightings. Among the stocks attracting attention are Laurus Labs, Lenskart Solutions, Adani Energy Solutions and Groww, which are set to be added to the MSCI Global Standard Index.