Shares of Samvardhana Motherson International Limited declined by 2.20%, trading at ₹183.63, resulting in a market cap loss of approximately ₹2,849 crore. This comes amid MSCI’s recent announcement regarding changes in its Global Standard Emerging Markets Index. Although Samvardhana Motherson was one of the stocks to experience an increase in its weightage in the index, the broader rebalancing and shifts in investor positions have impacted its share price.
In the MSCI November review, India’s representation rose with the inclusion of five new stocks—Bombay Stock Exchange (BSE), Voltas, Kalyan Jewellers, Oberoi Realty, and Alkem Laboratories—while increasing India’s weightage from 19.3% to 19.8%. This rebalancing is expected to drive passive inflows, but immediate market reactions have created volatility in some of the affected stocks.
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