A net passive inflow of up to $1 billion is expected on account of MSCI Inc.'s February rejig set to come into effect from close of the market hours on Friday. Stocks covered in the review are likely to see heightened volatility in the last trading session of the week.The estimated inflow is in the range of $850 million to $1 billion, according to the data shared by IIFL Capital.On Feb. 12, MSCI announced the addition of Hyundai Motor India Ltd. as the lone large-cap Indian stock to its global standard gauge as part of the February review. On the other hand, Adani Green Energy Ltd. was excluded from the MSCI Global Standard Index.The inclusion of Hyundai Motor India is expected to generate an inflow of $255 million. However, the deletion of Adani Green Energy will lead to an outflow of $167 million, as per IIFL Capital.The net passive inflow is expected to rise on account of weight increases of seven other Indian stocks. IndusInd Bank Ltd., Zomato Ltd., Varun Beverages Ltd., Mankind Pharma Ltd., Torrent Pharmaceuticals Ltd., Dixon Technologies (India) Ltd., PB Fintech Ltd., Adani Enterprises Ltd., and Voltas Ltd. were among the top weight increases in the February quarterly review.IndusInd Bank is expected to generate inflow of $258 million, followed by Zomato ($107 million), Varun Beverages ($96 million), Mankind Pharma ($48 million), Torrent Pharmaceuticals ($43 million), PB Fintech ($32 million), and Torrent Power ($8 million), according to IIFL Capital.Notably, with this index review, HDFC Bank Ltd. holds the highest weightage among Indian stocks in MSCI index, followed by Reliance Industries Ltd., ICICI Bank Ltd., Infosys Ltd. and Bharti Airtel Ltd.Meanwhile, MSCI added 19 Indian small-cap stocks, while removing an equal number from its indices. Among the small-cap stocks, the top ten additons were Jyoti CNC Automation Ltd., Ola Electric Mobility Ltd., Cartrade Tech Ltd., Afcons Infrastructure Ltd., TBO Tek Ltd., Websol Energy Systems Ltd., Zaggle Prepaid Ocean Services Ltd., Shaily Engineering Ltd., Kovai Medical Center & Hospital Ltd., Greaves Cotton Ltd.India's weight in MSCI Global Standard Indexes will rise to 19% from the current 18.8% once the quarterly rejig comes into effect. The nation slips one rank below to third in weightage across emerging markets, losing the second spot to Taiwan. China still remains holds the highest weight, rising slightly to 27.1% from 27% as of now.Nifty Rejig: Jio Financial, Zomato Join Benchmark Index As BPCL And Britannia Exit. Read more on Markets by NDTV Profit.