New Delhi, Sept. 27 -- The semi-annual rejig of Nifty indices will result in significant inflows in some stocks including HDFC Bank, Power Grid Corp of India, Shriram Finance and Trent while some others such as NTPC, Page Industries and HDFC Asset Management Company will be among those that will see an outflow of funds, said Abhilash Pagaria, the head of Nuvama Alternative & Quantitative Research.
The semi-annual rejig of Nifty indices will come into effect on September 29, with adjustments occurring on the day before on September 28.
According to Pagaria's analysis, HDFC Bank ($89 million), Power Grid ($64 million), Shriram Finance ($59 million), Trent ($54 million), TVS Motor ($40million) and Punjab National Bank ($21 million) are the...
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