The Research Firm Included ICICI Lombard General Insurance

The research firm included ICICI Lombard General Insurance in the MSCI India Domestic Index while deleted Cadila Healthcare from it, according to changes announced on May 13.

The MSCI quarterly index review changes will be effective May 29, 2019, said the MSCI release.

The MSCI India index is designed to measure the performance of the largecap and midcap segments of the Indian market. The index is reviewed quarterly—in February, May, August, and November—with the objective of reflecting a change in the underlying equity markets in a timely manner, while limiting undue index turnover.

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