Read more about FPIs hike exposure to banking and financial stocks, exit in IT in May on Business Standard. The month saw a sharp turnaround in fortunes with overseas investors selling shares worth nearly $900 million during the first half and pumping in close to $500 million during the second
Amfi’s reclassified list to see Adani Gas, NMDC, others join large caps
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Last Updated: May 27, 2021, 01:21 AM IST
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Synopsis Adani Gas, Apollo Hospitals Enterprise, Honeywell Automation and BOB are likely to be reclassified as large-caps from mid-caps in the upcoming semi-annual review by Amfi.
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Adani Gas, Apollo Hospitals Enterprise, Cholamandalam Investment,
NMDC, Honeywell Automation and Bank of Baroda are likely to be reclassified as large-caps from mid-caps in the upcoming semi-annual review by the Association of Mutual Funds in India (Amfi), according to reports by Edelweiss Alternative Research and IIFL Alternative Research.
Meanwhile, Abbott India, Hindustan Aeronautics, Alkem Laboratories, Hindustan Petroleum, PI Industries, Petronet LNG are likely to be reclassified to mid-caps from large-caps. The reclassified list of large-cap, mid-cap and small-caps will be released by Amfi by the first week of July and will be effective for the