The semi-annual FTSE changes will come into effect from Friday's (September 20) closing. This latest rejig is expected to result in an inflow of foreign funds to the tune of Rs 8,357 crore as per reports. 

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

Primarily, the FTSE All World Index and FTSE Total Cap index will see a rejig as per Zee Business research inputs. 

Further as per inputs, 13 stocks including KEI Industries, IRB Infra and Cochin Shipyard and 10 more stocks will be added to the FTSE All World Index.

Stocks to be added to the FTSE All World Index and estimated inflows

 Company                                   Inflow (Cr)

KEI Industries                              +  443

IRB Infrastructure                        + 309

Cochin Shipyard                           + 250

HUDCO                                          +  242

Escorts Kubota                            +  225

Hitachi Energy India                    + 217

GE T&D India                                +184

Motilal Oswal Financial               + 167

Bharat Dynamics                          +159

Lloyds Metals and Energy          + 150

Endurance Technologies            + 142

Bank of Maharashtra                  +100

Central Bank of India                    + 58

Weightage increase in below stocks to boost inflows 

Company                                  Inflow / Outflow(Cr)

ICICI Bank                                           +1972

Kotak Mahindra Bank                       +878

Tata Tech                                            +242

AB capital                                           +167

M&M                                                  -543

In the FTSE All-Cap Index, 48 stocks will be added including stocks like Genus Power, Godfrey Philips, ITD Cementation, Jyoti CNC, Marksans Pharma, Railtel and Zen Technologies among others. Similarly in the FTSE Total Cap Index, 113 stocks will see an inclusion.