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Index Rejig · India

MSCI India Adds Four Stocks, Removes Three

18 sourcesUpdated 13 Aug 2026, 4:49 am Coverage regionsIndia · Global · International
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Laurus Labs, Lenskart Solutions, Adani Energy Solutions and Groww parent Billionbrains Garage Ventures will join the MSCI India Index.

Astral, Balkrishna Industries and SBI Cards will be removed.

The changes take effect after trading closes on August 31, 2026.

The revised composition becomes effective on September 1.

More context

India’s constituent count is expected to rise from 165 to 166.

India’s projected MSCI weight will increase to 11.9%.

Index trackers may buy additions and sell deleted stocks during the rebalance.

Estimated passive inflows for additions could reach $600 million.

Estimated outflows from deletions are placed at $140 million to $170 million.

MSCI’s domestic small-cap index will add 12 stocks and remove 19.

The review considers market capitalisation, liquidity and free-float criteria.

AGREEMENT VS DISAGREEMENT

What lines up. What splits.

A quick read on shared facts, changing details, and different emphasis.

What coverage agrees on

Coverage broadly agrees on the four additions, three removals and September 1 effective date, with estimates of higher India index weight and index-driven fund flows. One supplied analysis conflicts on whether deletions were reported, but the remaining detailed analyses consistently identify three removals.

What is changing or disputed

The exact list of stocks being added and removed may see minor variations across different reports, and the precise impact on fund flows and individual stock performance remains to be seen.

HOW COVERAGE DIFFERS

Same story. Different emphasis.

Swipe through the perspectives. Labels describe coverage framing, not truth or quality.

Neutral9

Neutral coverage describes the review as a rules-based index reshuffle based on market capitalisation, liquidity and free float. It consistently identifies four additions and three removals, effective after August 31 trading. Reports note that India’s constituent count and projected index weight will rise, while passive funds may create stock-specific inflows and outflows. The domestic small-cap index will also see 12 additions and 19 removals.

Mixed1

The mixed coverage agrees on the names of the four additions and three removals and explains that index trackers may trade around the changes. It also cautions that passive price effects do not change the companies’ underlying debt, margins or long-term growth prospects. The emphasis is therefore on mechanical fund flows rather than a fundamental assessment of the stocks.

STORY TIMELINE

How the coverage developed

The latest eight dated reports, from earliest to newest.

GO DEEPER

Read the reporting

Scan each source take, then open the original article.

Investment Guru India Neutral framing Reported

MSCI India rejig: Adani Energy Solutions among 4 stocks added, 3 removed from index

Quick source take

MSCI’s August periodic review adds Adani Energy Solutions and three other companies to the MSCI India Index, while removing three firms. The changes take effect after the close of August 31, 2026. MSCI is also reshuffling its India Domestic Small Cap Index, adding 12 stocks and removing 19. The review considers market capitalisation, liquidity and free float, and the changes matter because institutional and passive funds track MSCI indices.

Yahoo News Singapore Neutral framing Reported

Four Indian stocks to be added, three removed from key global index in MSCI's August rejig

Quick source take

Reuters reports that MSCI will add Laurus Labs, Lenskart, Adani Energy Solutions and Groww to its Global Standard index, replacing Balkrishna Industries, SBI Cards and Astral. The changes follow trading on August 31, 2026, and raise India’s constituent count to 166 and weight to 11.9%, according to Nuvama. The report gives estimated passive inflows for additions and outflows for removals.

LinkedIn Neutral framing Reported

MSCI rejig: Four Indian stocks added, three removed; changes effective September 1- Moneycontrol.com

Quick source take

Moneycontrol’s LinkedIn post says MSCI’s rejig will add Laurus Labs, Lenskart, Adani Energy Solutions and Groww to the India Index. It says Balkrishna Industries, SBI Cards and Astral will be removed. The post states that the changes become effective on September 1 and that India’s projected weight in the MSCI Index will rise to 11.9%.

BusinessLine Neutral framing Reported

Four Indian stocks to be added, three removed from key global index in MSCI's August rejig

Quick source take

BusinessLine reports that MSCI will add Laurus Labs, Lenskart, Adani Energy Solutions and Groww to its Global Standard index, replacing Balkrishna Industries, SBI Cards and Astral. The changes take effect after August 31 trading and raise India’s index constituents from 165 to 166. Nuvama estimates India’s weight will increase to 11.9% and projects significant passive-investment flows linked to the reshuffle.

ET Now Neutral framing Reported

MSCI India Rejig: Lenskart, Adani Energy among 4 stocks added to Global Index; SBI Cards dropped

Quick source take

ET Now reports that MSCI’s August 2026 review adds Laurus Labs, Lenskart Solutions, Adani Energy Solutions and Groww parent Billionbrains Garage Ventures to the MSCI India Index. Astral, Balkrishna Industries and SBI Cards are excluded. The changes take effect September 1 after August 31 trading. Nuvama estimates passive inflows for additions and outflows for removals, while existing-member weights are also recalibrated.

fortuneindia.com Neutral framing Reported

MSCI rejig: Laurus Labs, Lenskart, Adani Energy, Groww parent enter India Index

Quick source take

Fortune India reports that MSCI added Laurus Labs, Lenskart Solutions, Adani Energy Solutions and Billionbrains Garage Ventures to the MSCI India Index. It says the changes take effect September 1 after August 31 trading and may increase visibility and passive fund inflows. The article also describes a small-cap reshuffle, with 12 additions and 19 deletions, and states that the review notification reported four additions and no deletions in the India Index.

CNBC TV18 Neutral framing Reported

MSCI Rejig: Laurus Labs, three others make the cut; Astral, BKT, SBI Card dropped

Quick source take

CNBC TV18 identifies Lenskart, Adani Energy Solutions, Billionbrains Garage Ventures and Laurus Labs as additions to the MSCI India Index. Astral, Balkrishna Industries and SBI Cards will be excluded, with Astral and Balkrishna moving to the MSCI India Smallcap Index. A Nuvama note estimates up to $600 million in inflows for additions and net outflows of $140 million to $170 million for exclusions.

Business Today Neutral framing Reported

MSCI rejig: Adani Energy, Groww, Laurus Labs, Lenskart shares in; Astral, SBI Cards out

Quick source take

Business Today reports that MSCI’s August 2026 review adds Adani Energy Solutions, Groww parent Billionbrains Garage Ventures, Laurus Labs and Lenskart to the MSCI India Index. Astral, Balkrishna Industries and SBI Cards are removed. The changes take effect September 1 after August 31 trading. The article also describes small-cap additions and exclusions, a higher India index weight, and reduced Reliance weighting attributed to lower free float.

lokmattimes.com Neutral framing Reported

MSCI India rejig: Adani Energy Solutions among 4 stocks added, 3 removed from index

Quick source take

Lokmat Times reports that MSCI’s August review adds Adani Energy Solutions and three other companies to the MSCI India Index and removes three firms. The changes take effect from the close of August 31, 2026. MSCI’s Domestic Small Cap Index will add 12 stocks and remove 19. The article says reviews consider market capitalisation, liquidity and free float, and that rebalancing may generate stock-specific fund flows.

Whalesbook Mixed framing Reported

MSCI India Index Adds Adani Energy, Lenskart; 3 Stocks Excluded

Quick source take

Whalesbook says MSCI’s August review adds Adani Energy Solutions, Lenskart Solutions, Billionbrains Garage Ventures and Laurus Labs, while removing Astral, Balkrishna Industries and SBI Cards. The changes take effect at the close of trading on August 31, 2026. It explains that index trackers may buy additions and sell deletions, but cautions that passive price effects do not alter underlying fundamentals such as debt, margins or long-term growth.