Kotak Mahindra Bank, India’s fourth-largest bank in terms of market capitalisation, could be the biggest beneficiary of the FTSE change. The stock is expected to see an inflow of $61 million from foreign portfolio investors (FPIs), according to data compiled by IIFL Alternative Research.
See Nifty@23,000 in 3 months and 25K in 12 months: Goldman Sachs
Sunil Koul, Emerging Market Equity Strategist at Goldman Sachs, forecasts the Nifty to be range-bound at 23,000 in the next three months due to global