A high ranking on Dow Jones indices or perhaps even an entry into one of its world indices could make companies’ more attractive to institutional investors going ahead, say analysts.
However, the contingent liability of the firms would also play a key role.
Recently, a slew of domestic metal and infrastructure companies featured in the Dow Jones indices paving the way for stronger recognition in the global market.
Gautam Adani-led Adani Ports, Aditya Birla Group’s flagship company Hindalco Industries, along with Anil Agarwal-led Vedanta and Hindustan Zinc were among the entities that grabbed attractive ranking on the Dow Jones index.
“The (Dow Jones) index