Market wrapFinancial Express
Nuvama sees MSCI rejig attracting $1.7bn inflows
Positive+1
GreyOak summary
Nuvama predicts the upcoming MSCI Global Standard Index reshuffle will trigger $1.7 billion in net inflows. Potential inclusions of Coforge, LIC, Adani Green, and Meesho could draw $1.5 billion, while exclusions of ICICI Life and PI Industries might cause $263 million in outflows.
What it affects
- Life Insurance Corporation Of IndiaLICIPositive +1
Likely index inclusion attracts $498M inflows.Rolling sentiment Positive +33
- CoforgeCOFORGEPositive +1
Likely index inclusion attracts $653M inflows.Rolling sentiment Positive +34
Source
Read the original at Financial ExpressMore Life Insurance Corporation Of India news
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