India's stock market has received a major boost as 13 Indian companies were added to FTSE's prestigious All-World Index on August 23. The FTSE All-World Index, which aims to represent 90 per cent of the investable market capitalization across developed and emerging markets, is widely used as a benchmark for investment products such as funds and exchange-traded funds, as per …
After the FTSE index restructuring, which is set to take place on June 16, India is expected to see a net inflow of $250 million. Piramal Pharma is anticipated to see inflows of $11.1 million, compared to $8.1 million for Medanta Global Health. During its semi-annual index review in February, FTSE Russell added 10 Indian stocks to its Global Largecap …
The Financial Times Stock Exchange has hinted at its plan to proceed with the scheduled index review changes for Adani Group and its associated securities. On Friday, FTSE said, it "would like to confirm that it intends to proceed with the scheduled index review changes for the Adani Group and its associated securities in line with index methodologies and policy …
FTSE Russell has added 10 Indian stocks to its Global Largecap index as part of its semi-annual index review. ACC, Kotak Mahindra Bank, Canara Bank, IDBI Bank, YES Bank, Union Bank of India, Indian Hotels, Jindal Steel & Power, Shriram Finance, Trent, and Tube Investments have been added to the largecap index. In the FTSE Global Midcap index, APL Apollo …