Zomato, Sona BLW, Lodha's Macrotech may make it into FTSE index
As per IIFL Alternative Research estimates, Zomato will see inflows of $65 million, Sona $23 million and Lodha $19 million
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Newly-listed companies Zomato, Sona BLW and Macrotech Developers (Lodha) are likely to get added to the FTSE India index during its quarterly rebalancing exercise. As per IIFL Alternative Research estimates, Zomato will see inflows of $65 million, Sona $23 million and Lodha $19 million.
Changes to the FTSE Global Equity Index Series will be announced on November 19 and the adjustment will happen on December 17. During the quarterly review only changes related to IPOs and spinoffs are considered.
Changes to the FTSE Global Equity Index Series will be announced on November 19 and the adjustment will happen on December 17. During the quarterly review only changes related to IPOs and spinoffs are considered.