Home / Markets / News / Bank of Baroda, CG Power may get added to MSCI global standard index

Bank of Baroda, CG Power may get added to MSCI global standard index

Biocon is expected to get excluded from the index

Premium

Photo: Bloomberg

1 min read Last Updated : Jan 23 2023 | 11:43 PM IST

State-owned Bank of Baroda (BoB) and CG Power and Industrial Solutions may get added to MSCI global standard index during the forthcoming rebalancing exercise.

Meanwhile, Biocon is expected to get excluded from the index.

According to an analysis by Nuvama Alternative & Quantitative Research, the expected inflows in BoB and CG Power could be around $150 million, each.

Biocon could see outflows of $66 million.

The announcement is likely to come on February 10.

Topics : Bank of Baroda MSCI indices Biocon

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in