(20 second reading) Vodafone Idea etc 8 stocks likely to enter MSCI Global Standard index in August rejig
according to Nuvama Institutional Equities. The addition in the index is likely to attract $233 million inflows in Vodafone Idea shares.
Seven other stocks need up to 10% rise to enter the MSCI index, Nuvama Equities said in a report. These stocks are Oberoi Realty, Zydus Lifesciences, Prestige Estates, Thermax, Nykaa parent FSN E-Commerce Ventures, Alkem Laboratories and Steel Authority of India (SAIL).
The official cut-off date is the third week of July and the MSCI announcement is likely to be made on August 13.