FTSE’s semi-annual review will be conducted from Friday’s close; ICICI Bank’s weightage increase expected to result in FII inflow of Rs 1,972 cr

The FTSE’s semi-annual changes will come into effect from the close of trading on Friday (September 20). According to reports, this latest restructuring is expected to result in an inflow of foreign funds of Rs 8,357 crore.

In particular, the FTSE All World Index and the FTSE Total Cap Index will be re-ranked according to Zee Business research.

In addition, 13 stocks, including KEI Industries, IRB Infra and Cochin Shipyard, along with 10 other stocks will be added to the FTSE All World Index, according to the information.

Stocks to be added to the FTSE All World Index and estimated inflows

Corporate inflow (Cr)

KEI Industries + 443

IRB infrastructure + 309

Cochin Shipyard + 250

HUDCO + 242

Escorts Kubota + 225

Hitachi Energy India + 217

GE T&D India +184

Motilal Oswal Financial + 167

Bharat Dynamics +159

Lloyds Metals and Energy + 150

Endurance Technologies + 142

Bank of Maharashtra +100

Central Bank of India + 58

Increasing the weighting of the stocks listed below to increase inflows

Inflow/outflow of the company (Cr)

ICICI Bank +1972

Kotak Mahindra Bank +878

TataTech +242

AB Capital +167

M&M-543

48 stocks are added to the FTSE All-Cap Index, including stocks such as Genus Power, Godfrey Philips, ITD Cementation, Jyoti CNC, Marksans Pharma, Railtel and Zen Technologies among others. 113 stocks are also included in the FTSE Total Cap Index.