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Sensex, FTSE reshuffle next week: Adani stocks, RIL, Zomato may get impacted
Sensex, FTSE reshuffle next week: Adani stocks, RIL, Zomato may get impacted
A reshuffle in the FTSE index on June 16 is expected to bring a net inflow of $150-200m into Indian equities, according to Nuvama Institutional Equities. Changes to the index's individual stocks are likely to impact different counters in different ways. As a result of the reshuffle, Adani Enterprises may get inflows of $71m while Infosys, HCL Tech and TCS may experience outflows of about $34m, $15m and $8m respectively. Meanwhile, Sensex is to be reshuffled from June 19.
A reshuffle in the FTSE index on June 16 is expected to bring a net inflow of $150-200m into Indian equities, according to Nuvama Institutional Equities. Changes to the index's individual stocks are likely to impact different counters in different ways. As a result of the reshuffle, Adani Enterprises may get inflows of $71m while Infosys, HCL Tech and TCS may experience outflows of about $34m, $15m and $8m respectively. Meanwhile, Sensex is to be reshuffled from June 19.
A reshuffle in the FTSE index on June 16 is expected to bring a net inflow of $150-200m into Indian equities, according to Nuvama Institutional Equities. Changes to the index's individual stocks are likely to impact different counters in different ways. As a result of the reshuffle, Adani Enterprises may get inflows of $71m while Infosys, HCL Tech and TCS may experience outflows of about $34m, $15m and $8m respectively. Meanwhile, Sensex is to be reshuffled from June 19. 
