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Bank of Baroda, CG Power may get added to MSCI global standard index

Biocon is expected to get excluded from the index

Topics
Bank of Baroda | MSCI indices | Biocon

BS Reporter 



Bank of Baroda, BoB
Photo: Bloomberg

State-owned (BoB) and CG Power and Industrial Solutions may get added to MSCI global standard index during the forthcoming rebalancing exercise.

Meanwhile, 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.

could see outflows of $66 million.

The announcement is likely to come on February 10.


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First Published: Mon, January 23 2023. 23:43 IST

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