Adani Enterp. 1980.40↑88.25(4.66%)
Adani Ports 703.25↑12.25(1.77%)
Apollo Hospitals 4615.50↑14.20(0.31%)
Asian Paints 3060.95↑19.55(0.64%)
Axis Bank 896.50↑6.60(0.74%)
B P C L 373.80↑1.65(0.44%)
Bajaj Auto 4549.55↓-6.40(-0.14%)
Bajaj Finance 6657.00↑25.50(0.38%)
Bajaj Finserv 1420.25↑5.80(0.41%)
Bharti Airtel 789.00↓-7.05(-0.89%)
Britannia Inds. 4634.05↑29.10(0.63%)
Cipla 940.90↓-3.50(-0.37%)
Coal India 237.55↑1.00(0.42%)
Divi's Lab. 3401.55↓-23.70(-0.69%)
Dr Reddy's Labs 4556.20↓-311.10(-6.39%)
Eicher Motors 3401.00↓-15.75(-0.46%)
Grasim Inds 1779.95↑5.55(0.31%)
H D F C 2760.95↑8.30(0.30%)
HCL Technologies 1090.90↑12.60(1.17%)
HDFC Bank 1654.15↑2.05(0.12%)
HDFC Life Insur. 566.75↑4.10(0.73%)
Hero Motocorp 2578.55↓-7.50(-0.29%)
Hind. Unilever 2540.00↑17.30(0.69%)
Hindalco Inds. 423.30↓-13.15(-3.01%)
ICICI Bank 942.15↑6.10(0.65%)
IndusInd Bank 1194.95↑22.40(1.91%)
Infosys 1265.75↑2.50(0.20%)
ITC 423.65↓-1.70(-0.40%)
JSW Steel 721.60↓-2.75(-0.38%)
Kotak Mah. Bank 1960.45↑1.75(0.09%)
Larsen & Toubro 2250.80↓-113.65(-4.81%)
M & M 1250.35↑1.70(0.14%)
Maruti Suzuki 9210.00↑41.85(0.46%)
Nestle India 22115.05↑65.05(0.30%)
NTPC 179.40↑2.35(1.33%)
O N G C 168.50↑1.55(0.93%)
Power Grid Corpn 248.30↑0.65(0.26%)
Reliance Industr 2504.00↑7.40(0.30%)
SBI Life Insuran 1187.95↓-0.85(-0.07%)
St Bk of India 575.70↑3.50(0.61%)
Sun Pharma.Inds. 954.45↑0.65(0.07%)
Tata Consumer 788.60↓-2.55(-0.32%)
Tata Motors 506.85↓-2.65(-0.52%)
Tata Steel 109.15↓-0.10(-0.09%)
TCS 3292.55↑5.75(0.17%)
Tech Mahindra 1052.35↑6.20(0.59%)
Titan Company 2753.05↑7.60(0.28%)
UltraTech Cem. 7799.35↑56.15(0.73%)
UPL 684.95↑5.25(0.77%)
Wipro 385.25↑1.50(0.39%)

MSCI rejig: Adani Transmission, Adani Total Gas may see outflow of $206 mn

Shares of Adani Transmission and Adani Total Gas had hit their respective lower circuit filter of 5 per cent on Monday, after MSCI said it would reduce their weights in its indices

Puneet Wadhwa New Delhi

Web Exclusive Premium

Photo: Bloomberg

3 min read Last Updated : May 11 2023 | 11:21 AM IST

Listen to This Article

MSCI Indices is likely to announce changes for May in a review likely on May 12, even though the adjustments will take place on May 31, 2023, said Abhilash Pagaria, head of Nuvama Alternative & Quantitative Research in a report on Thursday.

Shares of two frontline Adani group companies – Adani Transmission ($122 million) and Adani Total Gas ($84 million) – as a result may see a combined outflow of $206 million on a likely cut in weightages, Pagaria wrote. Indus Towers, Nuvama's other 'high conviction' stock for exclusion could see an outflow of $83 million, the report suggests.

ALSO READ: Adani Group shares in focus on fund raising plan; Adani Enterprises up 4%