look news india
Mumbai: MSCI Indices – The indices will be reviewed on November 7, 2024. With this change, it is estimated that HDFC Bank will see a new investment inflow of $1.88 billion.
With the changes in the MSCI index, this time Adani NG Solutions, Kalyan Jewellers, BSE Limited, Alkem Labs and Oberoi Realty are likely to be included in the MSCI Global Standard Index by Nuvama Alternative and Quantitative Research.
Apart from this, the possibility of including Voltas has also been expressed. Changes to MSCI indices will take place at midnight on 7 November and adjustments will be implemented on 25 November.
According to Nuvama's calculations, there is $30.6 million from the inclusion of Adani Naga Solutions, $25.7 million from the inclusion of BSE, $21.8 million from Oberoi Realty, $21.1 million from the inclusion of Alkem Lab and $21 million from Kalyan Jewelers India. There will be a possibility of investment inflow of Rs.
Meanwhile, changes in the MSCI Small Cap Index could include Brainbees Solutions, Ola Electric, Jyoti CNC Automation, Eureka Forbes, Aadhar Housing, PC Jewellers, JSW Holdings and Allied Blenders. Including all of these would result in a decline in inflows of $10.6 million.
