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Indices: Stock market update: Nifty IT index falls 0 38% in an upbeat market

IREDA, Cello, Mamaearth could make it to MSCI index, Nykaa, Mankind need to rally more

Inclusion or increase in stock weightage in global indices like MSCI and FTSE leads to inflows from passive funds, which track that index. Exclusion from these indices usually leads to outflows. Thus, the announcements are widely tracked

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