Divi's Laboratories and United Breweries may get added to MSCI India index as part of the index provider's semi-annual review announcement expected on Nov. 14, says Citigroup in a note seen by Reuters.
Citigroup also expects GMR Infrastructure, United Phosphorus and Unitech to be potentially deleted from the India index.
The bank did not provide a reasoning behind its predictions.
United Breweries is up 4 percent while Divi's Lab gains 0.6 percent as of 0605 GMT.
United Phosphorus falls 1.8 percent, but GMR Infra gains 2.8 percent while Unitech gains 0.2 percent.