MARKET EYE-Brokerages see outflows from Maruti after MSCI exclusion

Thu Feb 14, 2013 4:13pm IST

Related Topics

Stocks

   

* Deutsche Bank and Citi expect $31.8 and $45.1 million in
outflows from Maruti Suzuki after MSCI announced it
was dropping Maruti from its MSCI Global Standard Indices.
* Maruti Suzuki India Ltd has been deleted from the
MSCI India index, index provider MSCI said in a
statement on Wednesday, from close of trade on Feb. 28.
    
* Deutsche Bank and Citi said NTPC could see net inflows of
$92.10 and $131 million after its weight was increased from 0.63
percent to 1.79 percent on MSCI India index as
the company's free-float stock increases after its offer for
sale. 

 (manoj.dharra@thomsonreuters.com;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Pharma

REUTERS SHOWCASE

Modi's U.S. Trip

Modi's U.S. Trip

PM Modi to get rock star reception in New York.  Full Article 

Northeast Floods

Northeast Floods

Landslides and floods kill 22 in northeast India.  Full Article 

Food Subsidy

Food Subsidy

Ram Vilas Paswan says no plans to raise food handouts.  Full Article 

New Plants

New Plants

Canadian auto parts maker Magna to open two new plants in Gujarat.  Full Article 

Importing Iron Ore

Importing Iron Ore

JSW Steel to import 10 mln T of iron ore due to local shortage.  Full Article 

Breaking Up

Breaking Up

Philips to split off lighting business, form separate company.  Full Article 

End of Monsoon

End of Monsoon

Monsoon starts withdrawing from northwest region.  Full Article 

Border Row

Border Row

Chinese and Indian troops in Himalayan standoff.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage