 "Bank of Baroda, CG Power may get added to MSCI global standard index")
State-owned Bank of Baroda (BoB) and CG Power and Industrial Solutions may get added to MSCI global standard index during the forthcoming rebalancing exercise.
Meanwhile, Biocon is expected to get excluded from the index.
According to an analysis by Nuvama Alternative & Quantitative Research, the expected inflows in BoB and CG Power could be around $150 million, each.
According to an analysis by Nuvama Alternative & Quantitative Research, the expected inflows in BoB and CG Power could be around $150 million, each.
Biocon could see outflows of $66 million.
The announcement is likely to come on February 10.
The announcement is likely to come on February 10.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →Subscribe to Business Standard digital and get complimentary access to The New York Times
Quarterly Starter
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
Save 46%
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Access to Exclusive Premium Stories Online
Over 30 behind the paywall stories daily, handpicked by our editors for subscribers
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%