ONGC may see inflow post changes in FTSE all-world index

There are changes made to specific stock constituents in the FTSE All-World Index. CNBC-TV18's Nimesh Shah reports the details.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
Real-time Stock quotes, portfolio, LIVE TV and more.
GeStepAhead Travelcafe SME Special
moneycontrol.com

Home » News » Markets » Market news

Jun 14, 2012, 03.22 PM | Source: CNBC-TV18

ONGC may see inflow post changes in FTSE all-world index

There are changes made to specific stock constituents in the FTSE All-World Index. CNBC-TV18's Nimesh Shah reports the details.

Like this story, share it with millions of investors on M3

ONGC may see inflow post changes in FTSE all-world index

There are changes made to specific stock constituents in the FTSE All-World Index. CNBC-TV18's Nimesh Shah reports the details.

Post Your Comments

Share Cancel

There are changes made to specific stock constituents in the FTSE All-World Index. CNBC-TV18's Nimesh Shah reports the details.

The index was reviewed recently and the changes will be effective from tomorrow’s close. There are some major changes in the large cap names. Most of the brokerages who track the FTSE index feel that there will be some passive inflows and outflows in some of the largecap names.

Citi and Morgan Stanley expect inflows in stocks like ONGC , Mahindra & Mahindra (M&M), SBI , GMR and IDFC while L&T , Bajaj Auto , Grasim , Cipla and Lupin are likely to get some outflows. Within these stocks the maximum inflow, what most of the dealers expect, is going to be in ONGC where they expect a passive inflow of close to USD 34-35 million. The largest outflow is expected in stocks like L&T and Bajaj Auto.

The FTSE index is not widely tracked as what the MSE index. However, dealers say there are passive long only funds both in Europe and in US who track benchmark FTSE index to their investments as well.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
ONGC may see inflow post changes in FTSE all-world index

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login