NSE to launch monthly futures and options contracts on Nifty Next 50 from April 24 thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Shares of Canara Bank, which gained 23% in the last two weeks, will remain in focus this month as the board of directors of the state-owned lender will meet on February 26 to consider a stock split.
HDFC AMC ($24 million), Page Industries ($27 million), ACC ($19 million) and Indus Towers ($14 million) will see outflows from passive funds as a result of the reshuffle.
Dhirendra Kumar, Chief Executive Officer, Value Research says massive inflows into index funds were creating a kind of self-fulfilling prophecy where the inflows are driving the indexes higher, which in turn is attracting more inflows.