Company updateEconomic Times
MSCI rejig: LIC, Meesho, Coforge set to gain from index inclusion. How much inflows could they attract?
Positive+29
GreyOak summary
MSCI announced index changes effective November 30, adding LIC, Meesho, Coforge, and Adani Green to the India index while removing PI Industries. Nuvama estimates total potential passive inflows of $2 billion, with Coforge attracting the largest share at $630 million. Several other stocks face weight adjustments leading to inflows or outflows.
What it affects
- Life Insurance Corporation Of IndiaLICIPositive +29
Added to MSCI India index; $468M inflows expected.Rolling sentiment Positive +33
Source
Read the original at Economic TimesMore Life Insurance Corporation Of India news
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