FTSE rebalancing will lead to $1.4 billion inflows into India, says IIFL

360 One Wam

24/02/2025 09:21

Feb 24 (Reuters) - 
  
    ** FTSE's semi-annual March 2025 rebalancing, late on
Friday, to lead to $1.4 billion net inflows into India, says
IIFL
    ** The index provider adds 360 ONE WAM  ONEW.NS ,
Fertilisers and Chemicals Travancore  FCTL.NS , BSE  BSEL.NS 
and Bajaj Housing Finance  BAJO.NS  to FTSE All World Index
    ** ONEW and FCTL up 4% and 1.7%, respectively; most others
either flat or down amid broad-based market sell-off  .BO 
    ** FTSE increases weight of ICICI Bank  ICBK.NS  and Kotak
Mahindra Bank  KTKM.NS  in its index; will attract inflows of
$389.3 million and $155.2 million, repectively, as per IIFL
    ** The rebalancing changes will come into effect on March 21

 (Reporting by Vivek Kumar M)
 ((VivekKumar.M@thomsonreuters.com;))