The changes in constituents for the MSCI Index were announced on Monday and will take place as of close of 31 May 2017. Photo: BloombergNew Delhi: Two state-owned firms Indian Oil Corporation (IOC) and Rural Electrification Corporation (REC) will be included in the MSCI India index, while drug firm Divis Laboratories will move out. The changes in constituents for the MSCI Global Standard Indexes were announced on Monday and will take place as of close of 31 May 2017. Changes were also announced in constituents for the MSCI global small cap indexes which will also take place as of the close of 31 May 2017. Additions in the MSCI India index include BSE, Dr Lal PathLabs, while those who would move out are AstraZeneca Pharma, Coffee Day Enterprises, Unitech among others.

Source: Mint May 16, 2017 14:44 UTC