Nifty semi-annual rejig: Reliance, Infosys expected to see highest outflows
Nifty indices, including Nifty 50 ETF, Nifty Bank, and Nifty Next50, are due to undergo their semi-annual rebalance on March 29. According to Nuvama Institutional Research, RIL, Infosys, ICICI Bank, and HDFC Bank are the stocks expected to see the biggest outflows. Meanwhile, Page Industries, Canara Bank, SBI, Axis Bank, and Coal India are predicted to see maximum net inflows. The changes could lead to some weight reduction in non-F&O members such as Adani Total Gas, Adani Transmission, Adani Green, DMart, Bajaj Holdings and Investments, Nykaa, LIC, P&G, and Zomato.