Shares of HDFC Bank will be in focus in trade Monday (February 19) as the private sector lender is set to witness massive inflows totalling $400 million from passive funds tracking Financial Times Stock Exchange (FTSE) indices.
Global index provider (FTSE) has added 16 Indian companies to its All-World Index in its semi-annual index review. The changes by the global index provider will be effective from March 15, 2024.
Here is the list of the additions:
| Additions |
| Fertilisers and Chemicals Travancore |
| Jindal Stainless |
| Kalyan Jewellers India |
| KPIT Technologies |
| Mazagon Dock Shipbuilders |
| Metro Brands |
| New India Assurance Company |
| NLC India |
| Phoenix Mills |
| Poonawalla Fincorp |
| Prestige Estates Projects Ltd |
| Rail Vikas Nigam |
| SJVN |
| Sundaram Finance |
| Suzlon Energy |
| Thermax-A |
FTSE is a group of stock market indices created by the Financial Times and the London Stock Exchange. The FTSE All-World Index is a market-capitalisation weighted index representing the performance of the large and mid-cap stocks from the FTSE Global Equity Index Series. As of January 31, 2024, India’s weightage in the index is 2.06%, with 213 stocks.
