
:
💄 Nykaa Shares Jump 3%+ on MSCI Inclusion 🌍 | Stock Delivers Strong Short-Term Gains
📈 Stock Performance Highlights:
- 🔼 +3.44% intraday jump to ₹204.35 on BSE
- 🔺 +10% in the past 1 month
- 🔺 +17% in 3 months
- 🔺 +20% YTD
- 🔺 +17% in 1 year
- 🚀 +60% in 2 years
- 🔻 Still down 10% over a 3-year period
🌍 What’s Driving the Surge?
- ✅ MSCI Inclusion:
- FSN E-commerce Ventures (Nykaa’s parent) added to MSCI India Index
- Part of MSCI Global Standard Index rebalancing (May 14)
💸 Impact:
- 📥 Expected to attract $172 million in passive inflows
🧪 Peer Movement:
- 🌾 Coromandel International also added to the index
- 📉 Shares fell over 4% despite the inclusion
📌 Outlook: Nykaa’s MSCI entry adds credibility and could draw significant institutional interest, boosting near-term momentum.
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