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:

Reuters Showcase

GDP Growth

GDP Growth

India revises up 2013/14 GDP growth to 6.9 percent.  Full Article 

Adani Restructuring

Adani Restructuring

Adani hives off power, ports businesses to boost growth.  Full Article 

Bank of Baroda

Bank of Baroda

Q3 net profit down 69 pct on higher provisions  Full Article 

Trading Fees

Trading Fees

BSE slashes fees in FX derivatives battle with NSE  Full Article 

SpiceJet Turnaround

SpiceJet Turnaround

SpiceJet board approves up to $243 mln share sale plan  Full Article 

Currency Market

Currency Market

RBI urges companies to hedge FX exposure  Full Article 

Banking Sector

Banking Sector

Banks say no room to cut lending rates, thwarting RBI easing  Full Article 

ICICI Results

ICICI Results

ICICI sets quarterly record profit as Q3 net rises 14 pct  Full Article 

Reuters Poll

Reuters Poll

RBI seen holding rates steady on Tuesday, minority of analysts expect cut  Full Article 

Reuters India Mobile

Reuters India Mobile

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