Indices: Stock market update: Nifty Bank index advances 1.13% in an upbeat market
The Nifty Bank index was trading 1.13 per cent up at 45391.45.
Source: indiatimes.com
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The Nifty Bank index was trading 1.13 per cent up at 45391.45.
The Nifty IT index was trading 0.38 per cent down at 37853.25.
Inclusion or increase in stock weightage in global indices like MSCI and FTSE leads to inflows from passive funds, which track that index. Exclusion from these indices usually leads to outflows. Thus, the announcements are widely tracked
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