Nifty Indices To Announce Quarterly Rejig On June 27

By Vivek Dubey By Vivek Dubey CNBC-TV18.com CNBC-TV18.com Published June 26, 2024 Published June 26, 2024

The Nifty Indices are set to undergo their quarterly rebalancing on June 27th.

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[{"selector":"#anim-e033fcc0-3291-4459-8c84-95057ec9a00f","keyframes":{"opacity":[0,1]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-686cef91-e7b3-402c-b083-913e9a5085a6","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] While the impact on trading volume isn’t expected to be significant, there are notable expectations for certain stocks based on cumulative net flows across CPSE, Nifty 50, and Nifty Bank components.

[{"selector":"#anim-233a34dc-115d-4f99-9af1-3ccbde7d5666","keyframes":{"opacity":[0,1]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91cface8-03dc-49b4-a46d-3345209259d5","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Here's a breakdown of the potential flow impact (expectations sourced from Nuvama Alternative & Quantitative Research):

Cumulative Net Inflows:

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Cumulative Net Inflows:

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Cumulative Net Inflows:

[{"selector":"#anim-cc2563dc-4e54-4286-a4db-a5d37cdbccae","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-03ebcdaa-f4f4-4cdd-a503-d23df7844a68","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1d4d23b3-8264-4e77-9295-006de7c27cf9","keyframes":{"opacity":[0,1]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-41e61f5f-d01d-4853-a772-68edaa91c64d","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] ITC could follow closely with an estimated $59 million inflow, affecting trading for around 0.6x days.

Cumulative Net Inflows:

[{"selector":"#anim-b86c7ee9-79cd-4dd3-9564-d031e12ad8fb","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-724cfb2e-601b-4db9-8135-cc47bcefe516","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7e690c5e-bd6e-4d30-882d-997a71b66330","keyframes":{"opacity":[0,1]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2b41cd71-9100-4753-8e90-250b387646ab","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] BHARTI might register a $36 million inflow, impacting trading minimally by 0.2x days.

Cumulative Net Outflows:

[{"selector":"#anim-9d671d8c-db98-4c8c-8c79-3c2545b1ee2d","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-26df2094-56f7-463a-ac65-5babafb6ce28","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9dc91010-40fd-4a3e-a072-79419f715e9f","keyframes":{"opacity":[0,1]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d6a9c494-c266-48b5-8ecd-8f38a669ea47","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] HDFC Bank is projected to record the highest outflow of $77 million, potentially influencing trading for 0.1x days.

Cumulative Net Outflows:

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Cumulative Net Outflows:

[{"selector":"#anim-bb347545-079e-41c5-83b5-28372e49f4d2","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-45df00c7-99b2-45b6-965d-bd27e219ee15","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c8f62286-a820-4a58-a4ed-d690ee52798e","keyframes":{"opacity":[0,1]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-357c0a0f-1692-4219-8980-c3a7540943d9","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Larsen & Toubro (L&T) could show an outflow of $25 million, impacting trading for about 0.1x days.

Cumulative Net Outflows:

[{"selector":"#anim-0633e808-b83f-40b6-9fb6-ae2807495ee4","keyframes":{"opacity":[0,1]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0b29f2b4-414f-4226-aaf8-0bcbb9bd0931","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":250,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-10ef3fde-0433-48f5-be92-99bbbbdacac6","keyframes":{"opacity":[0,1]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-84ae6897-ec9e-4211-9166-5a5ebbbbbb61","keyframes":{"transform":["translate3d(-109.56522%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":450,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Reliance Industries is expected to see a relatively smaller outflow of $14 million.

Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

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