IDFC First Bank is expected to see inflows of $200 million from global passive funds if included in the MSCI index. The stock has rallied nearly 48% so far this year. Power Finance, Ashok Leyland and Cummins India could see inflows of around $190 million each if these stocks are in the MSCI index.
Exemption-triggered 2% jump sees domestic markets wipe out post-levy losses
Analysts said the optimism on receding tariff uncertainty, following the 90-day pause on activation, and exemptions on items that have the greatest dependence on elaborate
April 16, 2025