Signals, Powered By EquityPandit
The MSCI India Index is a composite of Indian stocks created by Morgan Stanley Capital International (MSCI). It includes many reputable Indian companies across sectors, representing at least 85% of the total equity offered by Indian companies. The index comprises 64 companies from 10 major sectors of the economy, such as IT, finance, and energy sectors, as of May 2015.
The MSCI India Index is a weighted index, similar to the Sensex. Each stock on the index has a specific weight, determined by factors such as the returns (dividends) received by investors, the company’s total turnover, and its market capitalization. The index is reviewed four times a year – in February, May, August, and November. New companies are added after a review, while some are removed for not meeting the index’s criteria.
Foreign investors use the MSCI India Index as an indicator of the stability and volatility in the prices of Indian shares. The weightage of a company on the index influences the amount of foreign investment in the stocks. If the weightage of a company is reduced, there is a possibility of foreign investors withdrawing their funds.
The list of 136 securities in MSCI India as of May 10, 2024 is provided in the below table –
| MSCI Code | Security Name | Price | Currency | Shares FIF Adjusted | Weight% | Price Adj. Factor | Price Adj. Factor Description | FX Rate | Reuters Code (RIC) | Currency Next Day |
| 1614701 | RELIANCE INDUSTRIES | 2840.15000 | INR | 3,044,557,965 | 8.02 | 1.000000 | 1.000000 | RELI.NS | INR | |
| 2424901 | ICICI BANK | 1120.55000 | INR | 5,191,292,239 | 5.39 | 1.000000 | 1.000000 | ICBK.NS | INR | |
| 2273401 | INFOSYS | 1424.70000 | INR | 3,320,362,225 | 4.38 | 1.000000 | 1.000000 | INFY.NS | INR | |
| 1868101 | HDFC BANK | 1460.95000 | INR | 2,809,219,352 | 3.80 | 1.000000 | 1.000000 | HDBK.NS | INR | |
| 2934401 | TATA CONSULTANCY | 3901.20000 | INR | 904,521,880 | 3.27 | 1.000000 | 1.000000 | TCS.NS | INR | |
| 2510701 | BHARTI AIRTEL | 1284.30000 | INR | 2,249,973,129 | 2.68 | 1.000000 | 1.000000 | BRTI.NS | INR | |
| 2905101 | AXIS BANK | 1122.85000 | INR | 2,282,353,976 | 2.38 | 1.000000 | 1.000000 | AXBK.NS | INR | |
| 1613001 | LARSEN & TOUBRO | 3379.45000 | INR | 673,528,674 | 2.11 | 1.000000 | 1.000000 | LART.NS | INR | |
| 1613301 | MAHINDRA & MAHINDRA | 2269.90000 | INR | 932,646,623 | 1.96 | 1.000000 | 1.000000 | MAHM.NS | INR | |
| 1611501 | HINDUSTAN UNILEVER | 2349.60000 | INR | 822,356,942 | 1.79 | 1.000000 | 1.000000 | HLL.NS | INR | |
| 3505601 | BAJAJ FINANCE | 6675.70000 | INR | 278,110,385 | 1.72 | 1.000000 | 1.000000 | BJFN.NS | INR | |
| 2837001 | MARUTI SUZUKI INDIA | 12814.20000 | INR | 141,481,158 | 1.68 | 1.000000 | 1.000000 | MRTI.NS | INR | |
| 3035701 | KOTAK MAHINDRA BANK | 1646.30000 | INR | 1,093,208,764 | 1.67 | 1.000000 | 1.000000 | KTKM.NS | INR | |
| 1615801 | TATA MOTORS | 964.65000 | INR | 1,661,423,558 | 1.49 | 1.000000 | 1.000000 | TAMO.NS | INR | |
| 3037701 | NTPC | 355.80000 | INR | 4,363,499,760 | 1.44 | 1.000000 | 1.000000 | NTPC.NS | INR | |
| 2362501 | SUN PHARMACEUTICAL IND | 1545.25000 | INR | 959,733,988 | 1.37 | 1.000000 | 1.000000 | SUN.NS | INR | |
| 1868601 | STATE BANK OF INDIA | 818.20000 | INR | 1,784,922,347 | 1.35 | 1.000000 | 1.000000 | SBI.NS | INR | |
| 3834501 | POWER GRID CORP OF INDIA | 309.25000 | INR | 4,650,301,910 | 1.33 | 1.000000 | 1.000000 | PGRD.NS | INR | |
| 1612401 | ITC | 429.70000 | INR | 2,994,465,840 | 1.19 | 1.000000 | 1.000000 | ITC.NS | INR | |
| 2362601 | HCL TECHNOLOGIES | 1321.05000 | INR | 947,615,236 | 1.16 | 1.000000 | 1.000000 | HCLT.NS | INR | |
| 1615901 | TATA STEEL | 164.95000 | INR | 7,378,349,063 | 1.13 | 1.000000 | 1.000000 | TISC.NS | INR | |
| 3332601 | TITAN COMPANY | 3288.90000 | INR | 355,114,464 | 1.08 | 1.000000 | 1.000000 | TITN.NS | INR | |
| 2036901 | ZOMATO | 187.30000 | INR | 6,097,640,964 | 1.06 | 1.000000 | 1.000000 | ZOMT.NS | INR | |
| 2934201 | ULTRATECH CEMENT | 9660.65000 | INR | 115,475,070 | 1.03 | 1.000000 | 1.000000 | ULTC.NS | INR | |
| 1608501 | ASIAN PAINTS | 2866.15000 | INR | 383,679,116 | 1.02 | 1.000000 | 1.000000 | ASPN.NS | INR | |
| 5606601 | JIO FINANCIAL SERVICES | 352.45000 | INR | 2,858,977,885 | 0.93 | 1.000000 | 1.000000 | JIOF.NS | INR | |
| 1611301 | HINDALCO INDUSTRIES | 646.65000 | INR | 1,348,329,914 | 0.81 | 1.000000 | 1.000000 | HALC.NS | INR | |
| 1869701 | OIL & NATURAL GAS CORP | 272.90000 | INR | 3,145,069,802 | 0.80 | 1.000000 | 1.000000 | ONGC.NS | INR | |
| 2362101 | BHARAT ELECTRONICS | 230.95000 | INR | 3,654,889,414 | 0.78 | 1.000000 | 1.000000 | BAJE.NS | INR | |
| 6773201 | NESTLE INDIA | 2487.35000 | INR | 337,455,006 | 0.78 | 1.000000 | 1.000000 | NEST.NS | INR | |
| 3336801 | TRENT | 4540.35000 | INR | 181,298,605 | 0.76 | 1.000000 | 1.000000 | TREN.NS | INR | |
| 9554601 | HINDUSTAN AERONAUTICS | 4074.70000 | INR | 200,632,500 | 0.76 | 1.000000 | 1.000000 | HIAE.NS | INR | |
| 9285601 | AVENUE SUPERMARTS | 4597.05000 | INR | 162,683,267 | 0.69 | 1.000000 | 1.000000 | AVEU.NS | INR | |
| 8165301 | INTERGLOBE AVIATION | 4147.35000 | INR | 173,675,312 | 0.67 | 1.000000 | 1.000000 | INGL.NS | INR | |
| 2274401 | CIPLA | 1357.35000 | INR | 524,782,467 | 0.66 | 1.000000 | 1.000000 | CIPL.NS | INR | |
| 3834401 | ADANI PORTS AND SEZ | 1331.25000 | INR | 528,093,308 | 0.65 | 1.000000 | 1.000000 | APSE.NS | INR | |
| 6762201 | COAL INDIA | 448.70000 | INR | 1,540,682,082 | 0.64 | 1.000000 | 1.000000 | COAL.NS | INR | |
| 6104101 | REC | 522.05000 | INR | 1,316,612,000 | 0.64 | 1.000000 | 1.000000 | RECM.NS | INR | |
| 1868201 | DR REDDY’S LABORATORIES | 5868.80000 | INR | 116,761,112 | 0.64 | 1.000000 | 1.000000 | REDY.NS | INR | |
| 6320901 | TECH MAHINDRA | 1275.50000 | INR | 536,890,418 | 0.63 | 1.000000 | 1.000000 | TEML.NS | INR | |
| 9209601 | VARUN BEVERAGES | 1489.05000 | INR | 454,725,242 | 0.63 | 1.000000 | 1.000000 | VARB.NS | INR | |
| 3508801 | SHRIRAM FINANCE | 2330.35000 | INR | 281,739,255 | 0.61 | 1.000000 | 1.000000 | SHMF.NS | INR | |
| 3333901 | EICHER MOTORS | 4730.55000 | INR | 136,887,750 | 0.60 | 1.000000 | 1.000000 | EICH.NS | INR | |
| 9405301 | SBI LIFE INSURANCE CO | 1432.85000 | INR | 450,558,091 | 0.60 | 1.000000 | 1.000000 | SBIL.NS | INR | |
| 1491301 | MAX HEALTHCARE INSTITUTE | 814.90000 | INR | 777,460,828 | 0.59 | 1.000000 | 1.000000 | MAXE.NS | INR | |
| 3764601 | POWER FINANCE CORP | 421.60000 | INR | 1,485,045,792 | 0.58 | 1.000000 | 1.000000 | PWFC.NS | INR | |
| 1610701 | GRASIM INDUSTRIES | 2372.05000 | INR | 263,379,516 | 0.58 | 1.000000 | 1.000000 | GRAS.NS | INR | |
| 3693901 | DLF | 839.05000 | INR | 742,594,511 | 0.58 | 1.000000 | 1.000000 | DLF.NS | INR | |
| 1616101 | TATA CONSUMER PRODUCTS | 1085.45000 | INR | 571,700,889 | 0.58 | 1.000000 | 1.000000 | TACN.NS | INR | |
| 1616001 | TATA POWER CO | 430.35000 | INR | 1,437,902,796 | 0.57 | 1.000000 | 1.000000 | TTPW.NS | INR | |
| 6008901 | BAJAJ AUTO | 9065.25000 | INR | 67,963,141 | 0.57 | 1.000000 | 1.000000 | BAJA.NS | INR | |
| 2273801 | HERO MOTOCORP | 5043.45000 | INR | 119,932,292 | 0.56 | 1.000000 | 1.000000 | HROM.NS | INR | |
| 6009001 | BAJAJ FINSERV | 1576.45000 | INR | 382,917,315 | 0.56 | 1.000000 | 1.000000 | BJFS.NS | INR | |
| 2272801 | WIPRO | 456.35000 | INR | 1,306,100,590 | 0.55 | 1.000000 | 1.000000 | WIPR.NS | INR | |
| 1615001 | SIEMENS INDIA | 6660.45000 | INR | 89,030,064 | 0.55 | 1.000000 | 1.000000 | SIEM.NS | INR | |
| 3060401 | APOLLO HOSPITALS | 5862.80000 | INR | 100,649,260 | 0.55 | 1.000000 | 1.000000 | APLH.NS | INR | |
| 9626801 | ADANI GREEN ENERGY | 1788.80000 | INR | 316,806,496 | 0.53 | 1.000000 | 1.000000 | ADNA.NS | INR | |
| 1609301 | BRITANNIA INDUSTRIES | 5140.80000 | INR | 108,390,733 | 0.52 | 1.000000 | 1.000000 | BRIT.NS | INR | |
| 9442301 | HDFC LIFE INSURANCE CO | 561.55000 | INR | 967,796,827 | 0.50 | 1.000000 | 1.000000 | HDFL.NS | INR | |
| 3281001 | JSW STEEL | 881.50000 | INR | 611,363,492 | 0.50 | 1.000000 | 1.000000 | JSTL.NS | INR | |
| 3371401 | GODREJ CONSUMER PRDCTS | 1306.90000 | INR | 409,128,132 | 0.50 | 1.000000 | 1.000000 | GOCP.NS | INR | |
| 6751301 | CHOLAMANDALAM INV & FIN | 1252.05000 | INR | 419,832,665 | 0.49 | 1.000000 | 1.000000 | CHLA.NS | INR | |
| 3335801 | ADANI ENTERPRISES | 3037.55000 | INR | 171,000,168 | 0.48 | 1.000000 | 1.000000 | ADEL.NS | INR | |
| 2273701 | TVS MOTOR CO | 2134.80000 | INR | 237,544,000 | 0.47 | 1.000000 | 1.000000 | TVSM.NS | INR | |
| 1612901 | CUMMINS INDIA KIRLOSKAR | 3571.70000 | INR | 138,600,000 | 0.46 | 1.000000 | 1.000000 | CUMM.NS | INR | |
| 6280501 | ADANI POWER | 628.05000 | INR | 771,387,788 | 0.45 | 1.000000 | 1.000000 | ADAN.NS | INR | |
| 1612001 | INDIAN HOTELS CO | 564.55000 | INR | 852,239,761 | 0.45 | 1.000000 | 1.000000 | IHTL.NS | INR | |
| 2904901 | DIVI’S LABORATORIES | 3896.20000 | INR | 119,460,861 | 0.43 | 1.000000 | 1.000000 | DIVI.NS | INR | |
| 2361901 | GAIL INDIA | 200.05000 | INR | 2,301,284,875 | 0.43 | 1.000000 | 1.000000 | GAIL.NS | INR | |
| 1867901 | BHARAT PETROLEUM CORP | 605.95000 | INR | 759,238,460 | 0.43 | 1.000000 | 1.000000 | BPCL.NS | INR | |
| 3497001 | PIDILITE INDUSTRIES | 2983.75000 | INR | 152,582,802 | 0.42 | 1.000000 | 1.000000 | PIDI.NS | INR | |
| 2362001 | INDIAN OIL CORP | 159.35000 | INR | 2,824,247,677 | 0.42 | 1.000000 | 1.000000 | IOC.NS | INR | |
| 3506701 | HAVELLS INDIA | 1729.10000 | INR | 250,673,212 | 0.40 | 1.000000 | 1.000000 | HVEL.NS | INR | |
| 3654001 | INFO EDGE (INDIA) | 6017.30000 | INR | 71,161,266 | 0.40 | 1.000000 | 1.000000 | INED.NS | INR | |
| 1709901 | ABB INDIA | 8080.85000 | INR | 52,977,094 | 0.40 | 1.000000 | 1.000000 | ABB.NS | INR | |
| 9090601 | LTIMINDTREE | 4634.85000 | INR | 88,849,011 | 0.38 | 1.000000 | 1.000000 | LTIM.NS | INR | |
| 3507401 | INDUSIND BANK | 1421.00000 | INR | 287,760,907 | 0.38 | 1.000000 | 1.000000 | INBK.NS | INR | |
| 9405101 | ICICI LOMBARD GENL INS | 1683.80000 | INR | 241,219,405 | 0.38 | 1.000000 | 1.000000 | ICIL.NS | INR | |
| 3060001 | VEDANTA | 432.55000 | INR | 929,301,560 | 0.37 | 1.000000 | 1.000000 | VDAN.NS | INR | |
| 9367801 | TUBE INVESTMENT (NEW) | 3757.55000 | INR | 106,357,347 | 0.37 | 1.000000 | 1.000000 | TBEI.NS | INR | |
| 1609901 | COLGATE-PALMOLIVE INDIA | 2819.95000 | INR | 135,992,817 | 0.36 | 1.000000 | 1.000000 | COLG.NS | INR | |
| 2904701 | LUPIN | 1637.15000 | INR | 227,663,275 | 0.35 | 1.000000 | 1.000000 | LUPN.NS | INR | |
| 8933401 | CG POWER & INDUSTRIAL | 608.70000 | INR | 610,913,438 | 0.34 | 1.000000 | 1.000000 | CGPO.NS | INR | |
| 2904601 | BHARAT FORGE | 1440.85000 | INR | 256,073,748 | 0.34 | 1.000000 | 1.000000 | BFRG.NS | INR | |
| 1611001 | AMBUJA CEMENTS | 610.20000 | INR | 595,693,569 | 0.34 | 1.000000 | 1.000000 | ABUJ.NS | INR | |
| 3387501 | SUZLON ENERGY LIMITED | 40.20000 | INR | 8,825,667,775 | 0.33 | 1.000000 | 1.000000 | SUZL.NS | INR | |
| 9642901 | HDFC ASSET MANAGEMENT | 3677.90000 | INR | 96,067,800 | 0.33 | 1.000000 | 1.000000 | HDFA.NS | INR | |
| 6650001 | GODREJ PROPERTIES | 2822.30000 | INR | 125,117,837 | 0.33 | 1.000000 | 1.000000 | GODR.NS | INR | |
| 3036301 | JINDAL STEEL & POWER | 978.45000 | INR | 357,030,834 | 0.32 | 1.000000 | 1.000000 | JNSP.NS | INR | |
| 2272701 | DABUR INDIA | 554.55000 | INR | 620,212,918 | 0.32 | 1.000000 | 1.000000 | DABU.NS | INR | |
| 6650501 | PERSISTENT SYSTEMS | 3424.00000 | INR | 100,002,500 | 0.32 | 1.000000 | 1.000000 | PERS.NS | INR | |
| 3535301 | UNITED SPIRITS | 1175.60000 | INR | 290,940,341 | 0.32 | 1.000000 | 1.000000 | UNSP.NS | INR | |
| 3333401 | SRF | 2286.75000 | INR | 148,212,412 | 0.31 | 1.000000 | 1.000000 | SRFL.NS | INR | |
| 6387601 | SUPREME INDUSTRIES | 5187.40000 | INR | 63,513,435 | 0.31 | 1.000000 | 1.000000 | SUPI.NS | INR | |
| 3341601 | MARICO | 600.25000 | INR | 517,540,767 | 0.29 | 1.000000 | 1.000000 | MRCO.NS | INR | |
| 2905001 | AUROBINDO PHARMA | 1168.60000 | INR | 263,672,374 | 0.29 | 1.000000 | 1.000000 | ARBN.NS | INR | |
| 6926201 | PI INDUSTRIES | 3667.60000 | INR | 83,444,965 | 0.28 | 1.000000 | 1.000000 | PIIL.NS | INR | |
| 3338401 | SAMVARDHANA MOTHERSON | 127.55000 | INR | 2,371,699,594 | 0.28 | 1.000000 | 1.000000 | SAMD.NS | INR | |
| 1868001 | BHARAT HEAVY ELECTRICALS | 288.25000 | INR | 1,044,619,006 | 0.28 | 1.000000 | 1.000000 | BHEL.NS | INR | |
| 1608401 | ASHOK LEYLAND | 204.55000 | INR | 1,468,063,638 | 0.28 | 1.000000 | 1.000000 | ASOK.NS | INR | |
| 1709001 | MRF | 128194.95000 | INR | 2,332,629 | 0.28 | 1.000000 | 1.000000 | MRF.NS | INR | |
| 7375501 | ASTRAL | 2211.55000 | INR | 134,313,504 | 0.28 | 1.000000 | 1.000000 | ASTL.NS | INR | |
| 1615803 | TATA MOTORS A | 646.35000 | INR | 457,652,606 | 0.27 | 1.000000 | 1.000000 | TAMdv.NS | INR | |
| 7649501 | YES BANK | 22.55000 | INR | 12,942,708,431 | 0.27 | 1.000000 | 1.000000 | YESB.NS | INR | |
| 9856901 | POLYCAB INDIA | 6323.55000 | INR | 45,051,201 | 0.26 | 1.000000 | 1.000000 | POLC.NS | INR | |
| 1990801 | MACROTECH DEVELOPERS | 1164.30000 | INR | 241,117,301 | 0.26 | 1.000000 | 1.000000 | MACE.NS | INR | |
| 1868301 | HINDUSTAN PETROLEUM CORP | 493.30000 | INR | 567,419,338 | 0.26 | 1.000000 | 1.000000 | HPCL.NS | INR | |
| 2882101 | PUNJAB NATL BANK | 125.75000 | INR | 2,202,203,112 | 0.26 | 1.000000 | 1.000000 | PNBK.NS | INR | |
| 6321601 | NMDC | 265.05000 | INR | 1,025,712,048 | 0.25 | 1.000000 | 1.000000 | NMDC.NS | INR | |
| 2273101 | BANK OF BARODA | 260.85000 | INR | 1,034,272,436 | 0.25 | 1.000000 | 1.000000 | BOB.NS | INR | |
| 8042401 | IDFC FIRST BANK | 77.50000 | INR | 3,462,740,068 | 0.25 | 1.000000 | 1.000000 | IDFB.NS | INR | |
| 3509501 | TORRENT PHARMACEUTICALS | 2630.65000 | INR | 101,533,632 | 0.25 | 1.000000 | 1.000000 | TORP.NS | INR | |
| 8200401 | APL APOLLO TUBES | 1580.15000 | INR | 166,514,738 | 0.24 | 1.000000 | 1.000000 | APLA.NS | INR | |
| 2812601 | CONTAINER CORP OF INDIA | 1027.10000 | INR | 243,717,739 | 0.23 | 1.000000 | 1.000000 | CCRI.NS | INR | |
| 1381901 | INDIAN RAIL CATER & TOUR | 1026.65000 | INR | 240,000,000 | 0.23 | 1.000000 | 1.000000 | INIR.NS | INR | |
| 3343601 | TATA ELXSI | 7088.15000 | INR | 34,251,800 | 0.23 | 1.000000 | 1.000000 | TTEX.NS | INR | |
| 2036501 | SONA BLW PRECISION | 579.70000 | INR | 410,509,267 | 0.22 | 1.000000 | 1.000000 | SONB.NS | INR | |
| 3535401 | SHREE CEMENT | 26024.90000 | INR | 9,020,187 | 0.22 | 1.000000 | 1.000000 | SHCM.NS | INR | |
| 3280901 | UPL | 510.05000 | INR | 450,364,585 | 0.21 | 1.000000 | 1.000000 | UPLL.NS | INR | |
| 3060201 | PETRONET LNG | 304.20000 | INR | 750,000,044 | 0.21 | 1.000000 | 1.000000 | PLNG.NS | INR | |
| 1608701 | BAJAJ HLDGS & INVESTMENT | 8436.15000 | INR | 26,710,442 | 0.21 | 1.000000 | 1.000000 | BJAT.NS | INR | |
| 6387801 | PAGE INDUSTRIES | 35231.60000 | INR | 6,134,631 | 0.20 | 1.000000 | 1.000000 | PAGE.NS | INR | |
| 9127401 | ICICI PRUDENTIAL LIFE | 597.20000 | INR | 360,013,863 | 0.20 | 1.000000 | 1.000000 | ICIR.NS | INR | |
| 1417401 | SBI CARDS AND PAYMENT | 718.40000 | INR | 285,200,901 | 0.19 | 1.000000 | 1.000000 | SBIC.NS | INR | |
| 6917001 | MUTHOOT FINANCE | 1677.30000 | INR | 120,437,412 | 0.19 | 1.000000 | 1.000000 | MUTT.NS | INR | |
| 1710301 | TATA COMMUNICATIONS | 1770.20000 | INR | 114,000,000 | 0.19 | 1.000000 | 1.000000 | TATA.NS | INR | |
| 3581801 | GMR AIRPORTS INFRA | 83.45000 | INR | 2,414,378,110 | 0.19 | 1.000000 | 1.000000 | GMRI.NS | INR | |
| 2905201 | UNION BANK OF INDIA | 133.65000 | INR | 1,482,489,643 | 0.18 | 1.000000 | 1.000000 | UNBK.NS | INR | |
| 6772001 | BALKRISHNA INDUSTRIES | 2487.65000 | INR | 77,326,876 | 0.18 | 1.000000 | 1.000000 | BLKI.NS | INR | |
| 6388301 | JUBILANT FOODWORKS | 474.00000 | INR | 395,907,120 | 0.17 | 1.000000 | 1.000000 | JUBI.NS | INR | |
| 2905401 | MPHASIS | 2302.05000 | INR | 75,505,620 | 0.16 | 1.000000 | 1.000000 | MBFL.NS | INR | |
| 9554501 | BANDHAN BANK | 188.55000 | INR | 789,344,701 | 0.14 | 1.000000 | 1.000000 | BANH.NS | INR | |
| 3336201 | BERGER PAINTS INDIA | 494.55000 | INR | 291,435,960 | 0.13 | 1.000000 | 1.000000 | BRGR.NS | INR | |
| 3338701 | INDRAPRASTHA GAS | 444.50000 | INR | 315,000,000 | 0.13 | 1.000000 | 1.000000 | IGAS.NS | INR | |
| 9380701 | AU SMALL FINANCE BANK | 638.70000 | INR | 167,193,612 | 0.10 | 1.000000 | 1.000000 | AUFI.NS | INR | |
| 4632001 | ONE 97 COMMUNICATIONS | 340.05000 | INR | 254,032,147 | 0.08 | 1.000000 | 1.000000 | PAYT.NS | INR |
