Vodafone Idea, 5 other stocks expected to enter MSCI index
Vodafone Idea, 5 other stocks expected to enter MSCI index
, ETMarkets.com|
Jul 01, 2024, 02:41:20 PM IST1/7
MSCI Standard Index
India’s weight in MSCI EM now stands at 19.2%, and it is gradually expected to cross the 20% mark.The street eagerly awaits HDFC Bank’s June 2024 shareholding, which should be out anytime this week. The critical number to monitor would be the FII holding dropping below the 55% mark.
The August review cut-off will be between June 18 to 30 while the official announcement will be on August 13 with the adjustment taking place on August 30, 2024.
2/7
Vodafone Idea
Nuvama expects an inflow of $ 254 million through the passive funds.
3/7
Prestige Estates
An inflow of $185 million may be anticipated in Prestige Estates after the probable inclusion in the index.
4/7
Oberoi Realty
On inclusion, Oberoi Realty might witness an inflow of $157 million in the stock.
5/7
Schaeffler India
The brokerage firm expects Schaeffler India to receive inflows of $155 million post its probable inclusion.
6/7
Dixon Technologies
Dixon Technologies may witness an inflow of $274 million in the stock through a purchase of nearly 2 million shares.
7/7
UNO Minda
UNO Minda is another conviction idea whose inclusion seems likely to Nuvama. The stock may receive inflows worth $153 million.
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