Here's how Indian stocks will be impacted by MSCI Global Standard Index rejig

MSCI has rejigged its Global Standard Index and the changes will be effective from tomorrow.

As many as eight stocks have been added to the MSCI Standard Index while 4 have been deleted. In terms of inflows, ICICI Bank would be the biggest stock to watch out for as there is likely to be buying of close to $ 1 billion in the stock. Reliance Industries and HDFC Ltd are likely to see selling of close to $185 million and $150 million respectively.