Nifty indices rejig: HDFC Bank, Power Grid, PNB among stocks to see top inflows; check full list here
Click here!) Adani Enterprises, HDFC Bank, Axis Bank, ITC and Tata Consumer are the stocks that will see their weight up in the Nifty 50 index. On the other hand, the weight of Adani Ports, Wipro, JSW Steel, Reliance Industries and Infosys will go down in the Nifty 50 index, said Pagaria.
In the Nifty 50 index, as per Pagaria, major inflows are in Adani Enterprises ($21 million), HDFC Bank ($19 million) and Axis Bank ($11 million) while significant weight reduction led outflows are in Adani Ports ($14 million), Wipro ($12 million) and JSW Steel ($8 million). In the Nifty Bank index, inflows will be seen in HDFC Bank ($70 million) and Kotak Mahindra Bank ($21 million) while key outflows will be seen in IndusInd Bank ($23 million), Axis Bank ($14 million), ICICI Bank ($11 million) and Bank of Baroda ($10 million), according to Pagaria.
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