The Nifty200 Momentum 30 Index is set for a significant overhaul on Friday, with as many as 20 of its components expected to be replaced.
Analysts predict that the rebalancing will generate trade worth ₹16,000 crore. Several companies, including InterGlobe Aviation (InterGlobe), HDFC Bank, and Kotak Mahindra Bank, could see inflows of nearly ₹600 crore. Conversely, Mahindra & Mahindra (M&M), Eternal, and Tech Mahindra are expected to face passive selling in excess of ₹550 crore, according to an analysis by Brian Freitas of Periscope Analytics, published on Smartkarma.
“Based on the expected changes to the index and capping of the
