India's Laurus Labs, Adani Energy, Lenskart, Groww gain on MSCI inclusion hopes
BUZZ-India's Laurus Labs, Adani Energy, Lenskart, Groww gain on MSCI inclusion hopes ** Shares of Laurus Labs LAUL.NS, Adani Energy ADAI.NS, Lenskart LENS.NS and Groww BILO.NS add between 1%-2.3%
** Brokerages expect stocks to be included in MSCI India Standard index in its upcoming rejig on August 13, 2026
** Nuvama Alternative and Quantitative Research expect LAUL to garner $518 million upon inclusion
** ADAI, LENS and BILO could attract passive flows between $260 million and $324 million
** Eternal ETEA.NS weightage tipped to increase, according to Nuvama's estimates; says it could lead to $648 million in passive inflows; ETEA down 0.7% on the day
** YTD, LAUL up 44%, ADAI gains 70%, LENS adds 22%, while BILO jumps 31.5%, compared to 7.5% drop in Nifty 50 index .NSEI
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
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