Global brokerage house Morgan Stanley feels five stocks - Tata Consumer Products, Indraprastha Gas, Torrent Pharmaceuticals, Biocon and Muthoot Finance - are likely to be included in the MSCI India Index with effect from June 1, 2020.
From the list of these 5 stocks, Tata Consumer Products stands higher chance of inclusion, said the investment firm in its research note on May 8.
In case of Indraprastha Gas and Biocon, there is a medium probability of addition, while Muthoot Finance has low probability of inclusion in the index.
Using the MSCI framework, Morgan Stanley has short-listed above stocks that meet the criteria to be included in the MSCI India Index. The most important conditions to be met are full market-cap and free float market-cap.
MSCI Inc, a leading provider of research-based indexes and analytics, is due to announce the results of its semi-annual index review on May 13, including a list of stock additions and removals along with changes in weightings.
Stock cash tips , Equity tips , MCX tips
For Quick Trial – 91091 93302
or mail us here: info@moneyplantresearch.com
or visit https://www.moneyplantresearch.com
No comments:
Post a Comment