The companies which are being included will see an upsurge in the price and those being removed will see a downward reaction.
The addition of three companies on 26 Nov 2013 will see upward spiral in following stocks namely Nestle India, Tech Mahindra and Yes Bank, while four entities - Bank of India, Canara Bank, Wockhardt and Unitech would be dropped and thus it may see a temporary downtrend.MSCI is a leading provider of benchmark indices globally.
It is worth mentioning that one need to take care of all these international events while going for trading in Indian market and this is the reason our intraday tip performs irrespective of the condition in the market as we know the pulse of the market.
