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MARKET EYE-Brokerages see outflows from Maruti after MSCI exclusion
February 14, 2013 / 10:47 AM / 5 years ago

MARKET EYE-Brokerages see outflows from Maruti after MSCI exclusion

* 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)

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