Siemens Energy may see up to $180 million in outflows after MSCI exit

Global index provider MSCI will delete Siemens Energy India from its Global Standard Index (Large Cap segment), effective post-market close on June 20. The exit, Nuvama notes, could trigger “estimated passive outflow in the range of USD 170–180 million,” although the brokerage added that a more accurate estimate would be available once the stock begins trading.