Zomato Ltd, DLF, MRF, Hindalco Industries, InterGlobe Aviation (IndiGo), Dr Reddy’s Labs and Paytm are also seen attracting up to $89 million in passive inflows each due to increased MSCI weightages.
In his view, Nifty now aims for an all-time high at 22,127, backed by dominant bullish sentiment despite concerns over higher interest rates impact on economic growth.