As part of the rejig of its Global Equity Index Asia Pacific ex Japan and China, the global index services provider FTSE has added more stocks or increased weightage of existing counters.
FTSE Rejig Effective Today: Key Stocks To Be Added
Here are the inclusions which will trigger individual stock action:
HDFC Bank ICICI Bank Kotak Mahindra Bank Tata Consumer Products Adani Greens, IGL SBI cards Balkrishna Industries
ICICI Bank is likely to be the biggest beneficiary of the rebalancing with an inflow of Rs 1,000 crore. And with the rejig FPIs will pump in $800 billion into the Indian capital market.
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