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HDFC Bank, as per Nuvama Institutional Equities, is expected to see highest inflows at $89 million. Power Grid ($64 million), Shriram Finance ($59 million) and Trent ($54 million) are a few other stocks likely to see inflows.
Semi-annual rejig of Nifty indices to result in significant inflows for HDFC Bank, Power Grid Corp, Shriram Finance, and Trent. Outflows expected for NTPC, Page Industries, and HDFC AMC.
HDFC Bank, Trent, Adani Enterprises, Power Grid, and Punjab National Bank (PNB) are among the few stocks likely to receive strong net passive inflows as a result of the upcoming NSE index changes, including Nifty Bank, Nifty, Nifty Next 50, and CPSE.
As we have been suggesting since Tuesday, the market trend has turned down and we are headed for several weeks of rough going for the bulls.
A CBI team conducted raids at the residences of a brigadier and two others in connection with the establishment of seven cell towers in Kanpur's Cantonment area which were allegedly done in gross violation of rules.The CBI has named Brigadier ...