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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.
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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