India, April 18 -- A slew of companies, ranging from Coromandel International, One 97 Communications (Paytm), FSN E-Commerce (Nykaa), and even Adani Energy Solutions, may be contenders to join the MSCI Global Standard Index.
Fertiliser giant Coromandel International, in particular, could see massive inflows of about $210 million if included, according to an Economic Times report, which cited estimates from Nuvama Alternative Research.
The company's stock has gained 14% year-to-date so far, outperforming the Nifty, which has declined by 1% over the same period.
The inflows are expected because global passive funds, including major exchange-traded funds (ETFs), track the MSCI indices closely.
The MSCI Global Standard Index is a market c...
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