MSCI rejig could bring $2.3 billion into Indian stocks

MSCI's upcoming index rejig could bring around $2.3 billion of passive fund flows into Indian stocks. Brokerage JM Financial flagged Adani Green Energy, Groww (Billionbrains Garage Ventures) and Adani Energy Solutions as high-probability candidates for inclusion in the MSCI India Standard Index, while Ather Energy is a medium-probability pick. Lenskart Solutions and Steel Authority of India are rated low-probability for inclusion.