MSCI inclusion may bring $1,381 million inflows to four stocks
pre-market1 source ↓written by the desknot a recommendation
- highest inflow
- $491 million
Global index provider MSCI will add four Indian stocks to its Global Standard Index effective 29 May. These stocks are expected to attract inflows of $1,381 million. Federal Bank is projected to receive the highest inflow of $491 million, despite recent declines in its share price.
• Other stocks included in the rejig are MCX and two others, which will also benefit from increased index exposure. This adjustment may positively impact market sentiment for these stocks.
Not investment advice. For informational purposes only.