Explained: How MSCI reshuffle will impact Eternal, Swiggy shares

Swiggy is set to draw an estimated $293 million in fresh inflows, while Eternal is staring at estimated outflows of $571 million, stemming from MSCI’s latest reshuffle of its Global Standard Index, changes that are effective as of the close of August 26, 2025.

In its August review, MSCI announced the addition of four Indian stocks—Swiggy, Hitachi Energy India, Vishal Mega Mart, and Waaree Energies—to the Global Standard Index. The inclusions are based on MSCI’s methodology, which factors in market capitalisation, liquidity, and foreign investability.