MSCI India Index Adds Laurus Labs, Lenskart, Groww, Adani Energy; 3 Stocks Removed | Markets News

Which Stocks Have Been Added to the MSCI India Index?

The four new additions cover a mix of sectors, including pharmaceuticals, eyewear retail, power transmission and digital investing.

Laurus Labs, a pharmaceutical company, has been added to the index along with Lenskart Solutions, which operates in the eyewear retail and optical products segment.

Adani Energy Solutions, a major player in the power transmission and distribution space, is another addition. Billionbrains Garage Ventures, the parent company of digital investment platform Groww, has also made it to the MSCI India Index.

The inclusion of Lenskart and Billionbrains Garage Ventures is particularly notable as both companies are relatively recent stock-market entrants. Lenskart made its debut on the Indian stock exchanges on November 10, 2025, while Billionbrains Garage Ventures was listed two days later, on November 12.

This means both companies have entered the MSCI India Index within less than a year of their stock-market listings.

Which Stocks Have Been Removed?

MSCI has removed three companies from the index as part of the August review. The stocks dropped from the MSCI India Index are Astral, Balkrishna Industries and SBI Cards and Payment Services.

Following the changes, the number of constituents in the MSCI India Index will rise to 166 from 165.

Why Is MSCI Index Inclusion Important?

Being added to a major global index such as the MSCI India Index can increase a company’s visibility among international investors.

The MSCI India Index is designed to represent the large- and mid-cap segments of India’s equity market. MSCI says the index covers around 85% of the Indian equity universe.

The index is tracked by global investors and funds that use it as a benchmark for gaining exposure to Indian stocks. Passive funds and exchange-traded funds that track the MSCI India Index may therefore need to adjust their portfolios when the index composition changes.

For a stock being added to the index, this can potentially create additional buying demand from funds that track the benchmark. Similarly, stocks removed from the index can see selling pressure from such funds as they rebalance their holdings.

However, index inclusion by itself does not guarantee that a stock’s price will rise. The actual market impact can depend on factors such as the size of the stock, the amount of money tracking the index and the extent of portfolio adjustments by funds.

When Will the MSCI India Index Changes Take Effect?

MSCI announced the August 2026 review on August 12. The revised index composition will be implemented after the close of trading on August 31.

The new constituents will officially take effect from September 1, 2026.

The changes are therefore likely to be closely watched by investors, particularly because the latest additions include two companies, Lenskart and Groww’s parent Billionbrains Garage Ventures, that entered the public markets less than a year ago.