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MSCI to drop Swiggy from global indices on September 7

Global index providers MSCI and FTSE are set to revise Swiggy's index treatment shortly. MSCI is removing Swiggy from global indices, which will lead to considerable passive outflows.

  • MSCI to drop Swiggy from global indices on September 7
  • FTSE to adjust Swiggy's investability weight on same date
  • Estimated $330 million in passive outflows from changes

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