Which four Indian stocks were added to and removed from the MSCI Global Standard Index in the May 2026 reconstitution, and when do the changes take effect?

Federal Bank (FED.NS), Multi Commodity Exchange of India (MCEI.NS), National Aluminium (NALU.NS), and Indian Bank (INBA.NS) were added to the MSCI Global Standard Index, while Hyundai Motor India (HYUN.NS), Jubilant Foodworks (JUBI.NS), Kalyan Jewellers (KALN.NS), and Rail Vikas Nigam (RAIV.NS) were excluded; the changes take effect on May 29, 2026.

Why was Adani Energy Solutions excluded from the MSCI Global Standard Index despite initial expectations of inclusion?

Adani Energy Solutions (ADAI.NS) was left out after being placed under the National Stock Exchange’s (NSE) additional surveillance mechanism framework — a watchlist for unusual trading activity that renders the stock ineligible for MSCI index inclusion.

Four Indian Stocks Added, Four Excluded from Key Global Index in MSCI's May Rejig

May 12, 2026

MSCI rebalanced its Global Standard Index, adding National Aluminium and excluding Rail Vikas Nigam among others, triggering projected passive capital flows into key Indian sectors including oil, gas, and metals.

reuters

2026-05-12

Four Indian Stocks Added, Four Excluded from Key Global Index in MSCI's May Rejig

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