{"id":6162,"date":"2021-12-22T16:36:20","date_gmt":"2021-12-22T11:06:20","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=6162"},"modified":"2022-08-25T15:25:54","modified_gmt":"2022-08-25T09:55:54","slug":"shares-of-reliance-industries-may-see-75-mn-inflow","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/shares-of-reliance-industries-may-see-75-mn-inflow\/","title":{"rendered":"Shares of Reliance Industries May See $ 75 mn. Inflow"},"content":{"rendered":"\n

Reliance Industries<\/a> might see inflows of up to $ 75 mn. when its weightage in the benchmark index<\/a> S&P BSE<\/a> Sensex<\/a> rises from 11.8% currently to 12.5%, according to Edelweiss Alternative Research. The cumulative inflow into Reliance Industries in the Sensex and Nifty<\/a> are over $ 245 mn. <\/p>\n\n\n\n

Meanwhile, companies in the technology and financial sectors such as Infosys<\/a>, HDFC Bank<\/a>, ICICI Bank<\/a>, HDFC<\/a>, and Tata Consultancy Services<\/a> (TCS) may see their weightage reduced by 0.05-0.08%, resulting in $ 35 mn. in outflows. <\/p>\n\n\n\n

TCS will have a 9.9% weighting on the index, while Infosys will have a 10.4% weighting. The two tech stocks might witness outflows of $ 9 mn. and $ 8 mn. respectively, as per the broker firm. <\/p>\n\n\n\n

HDFC Bank and ICICI Bank\u2019s revised weightage will be 9.9% and 7.8%, respectively. And their expected outflows of $ 8 mn. and $ 7 mn. <\/p>\n\n\n\n

HDFC\u2019s weighting will drop by 0.06%, which is from 7.4% to 7.3%, with $ 6 mn. in outflows expected.<\/p>\n\n\n\n

Edelweiss Alternative Research claimed that they were in constant contact with S&P Global for an ad hoc implementation of shareholding<\/a> change rather than rolling it over to March 2022. <\/p>\n\n\n\n

The firm also suggested that Nifty<\/a> Indices will implement the revised shareholding on their upcoming rebalance on 30 December 2021. They expect the influx to be over $ 170 mn.<\/p>\n","protected":false},"excerpt":{"rendered":"

Infosys could see outflows of $ 9 mn. On the other hand, Reliance Industries\u2019 cumulative inflow in Nifty and Sensex is about $ 245 mn. Read to know more about the outflows of other financial and tech stocks.<\/p>\n","protected":false},"author":45,"featured_media":6164,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[10,1744],"tags":[243,1107,319,699,727],"acf":[],"modified_by":"Aradhana Gotur","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2021\/12\/6-2.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6162"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/45"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=6162"}],"version-history":[{"count":3,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6162\/revisions"}],"predecessor-version":[{"id":9980,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6162\/revisions\/9980"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/6164"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=6162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=6162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=6162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}