MSCI added a lone Indian company, carmaker Hyundai Motor India , to its Global Standard index late on Tuesday and removed Adani Green Energy as part of its February 2025 index rejig.

The stock of Hyundai Motor India, however, later gave up early gains and was trading lower in line with the weak trend in the equity market.

Rejig: Newly listed Hyundai Motor India, the Indian arm of South Korean automaker Hyundai, has joined the MSCI Global Standard Index. Adani Green Energy has been moved out of the index.

Jai Corp Ltd, Sula Vineyards Ltd, DCB Bank Ltd, Bajaj Hindusthan Sugar Ltd, Sanghi Movers Ltd and Mahindra Logistics Ltd are some of the stocks that would be excluded from the MSCI India Domestic Small Cap index.

MSCI Index has unveiled its February 2025 Index Review outcomes, highlighting Hyundai Motor India Ltd.'s inclusion in the prestigious MSCI Global Standard Indexes. This move positions Hyundai as the sole Indian large-cap stock added this quarter,

Hyundai Motor India Ltd. is the only large-cap Indian stock that has been added to the MSCI Global Standard Indexes in the latest review, while Adani Green Energy shares have been deleted from the index.