New Delhi, April 29 -- Nykaa, Adani Energy Solutions and Coromandel International shares are likely the top contenders for inclusion in the MSCI India Standard Index during its semi-annual rebalancing in May 2025.

According to brokerage firm JM Financial, the expected changes could lead to significant fund flows into certain stocks. The official announcement for MSCI index rejig is scheduled for May 13, post-market hours, with changes effective from June 3.

Among the expected inclusions, FSN E-Commerce Ventures, the parent company of fashion retailer Nykaa, stands out with a high probability of inclusion in the MSCI India Standard Index. The brokerage estimates potential inflows of $210 million, translating to 92 million shares, and a 1...