IPO & listingBusiness Today
Coforge, Vedanta, Paytm, Adani Green, Groww shares: $2 bn inflows likely on MSCI rejig
Positive+72
GreyOak summary
MSCI increased India's weight in its Emerging Markets Index to 11.7%, triggering an estimated $2 billion in incremental passive inflows. Coforge, LIC, Adani Green, and Meesho are expected to receive the largest inflows, while PI Industries may face outflows. The adjustments will take effect on November 20.
What it affects
- CoforgeCOFORGEPositive +72
Likely to attract $630 million passive inflows.Rolling sentiment Positive +34
Source
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