{"id":1033130,"date":"2026-09-04T07:55:46","date_gmt":"2026-09-04T02:25:46","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1033130"},"modified":"2026-09-04T08:01:02","modified_gmt":"2026-09-04T02:31:02","slug":"msci-to-drop-swiggy-from-global-indices-on-september-7","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/09\/04\/msci-to-drop-swiggy-from-global-indices-on-september-7\/","title":{"rendered":"MSCI to drop Swiggy from global indices on September 7"},"content":{"rendered":"<p>Mumbai: Global index providers MSCI and FTSE said on Wednesday they would make changes to Swiggy&#8217;s index treatment after the company&#8217;s foreign ownership limit (FOL) was lowered to 49.5% from 100%. <\/p>\n<p>MSCI will delete Swiggy from global indices, with the change expected to take effect on September 7. The deletion could result in passive outflows of about $330 million, equivalent to nearly 120 million shares, or around five to six days of average daily volume, according to Nuvama Alternative and Quantitative Research. FTSE announced a change in Swiggy&#8217;s &#8216;investability weight&#8217; following the reduction in its foreign ownership limit. The change will be effective from the start of trading on September 7.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Global index providers MSCI and FTSE said on Wednesday they would make changes to Swiggy&#8217;s index treatment after the company&#8217;s foreign ownership limit (FOL) was lowered to 49.5% from 100%. MSCI will delete Swiggy from global indices, with the change expected to take effect on September 7. The deletion could result in passive outflows of about $330 million, equivalent to nearly 120 million shares, or around five to six days of average daily volume, according to Nuvama Alternative and Quantitative Research. FTSE announced a change in Swiggy&#8217;s &#8216;investability weight&#8217; following the reduction in its foreign ownership limit. The change [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1033130","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1033130"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033130\/revisions"}],"predecessor-version":[{"id":1033175,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1033130\/revisions\/1033175"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1033130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1033130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1033130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}