Canara Bank, Voltas and Sundaram Finance are among the 18 stocks likely to be included in MSCI India Standard Index in May, JM Financial Institutional Securities has said.

MSCI is set to unveil alterations to the MSCI global standard indices on May 14, with the adjustments slated to come into effect on May 31, it said.

Based on the current price of the 18 stocks, the index will see a total inflow of $2.7 billion. The price cutoff date for rebalancing is the last 10 business days of April.

Canara Bank is likely to see the most flows, bringing around $228 million, followed by Voltas with $174 m