Federal Bank set to attract ₹6,370 crore in MSCI inflows
after close1 source ↓written by the desknot a recommendation
- expected inflows
- $340 million
- anticipating inflows
- $190 million
- $170 million
Axis Capital's report highlights Federal Bank as a key beneficiary of the upcoming MSCI India Index Review, with expected inflows of $340 million. Other stocks poised for inclusion include Indian Bank and Aditya Birla Capital, anticipating inflows of $190 million and $170 million, respectively. This could significantly boost foreign investment in the private banking sector.
• Federal Bank: ₹6,370 cr inflow
• Indian Bank: ₹1,570 cr inflow
• Aditya Birla Capital: ₹1,410 cr inflow
Not investment advice. For informational purposes only.