SynopsisThe NSE’s quarterly index rebalancing takes effect today, triggering significant passive fund flows across Indian equities due to changes in free-float weights. While the Nifty 50 sees limited adjustments, broader strategic indices are witnessing sharper reshuffling.ET Bureau & AgenciesThe NSE’s quarterly index rebalancing takes effect today, triggering significant passive fund flows across Indian equities due to changes in free-float weights.The National Stock Exchange of India (NSE) is set to implement its quarterly index rebalancing today, June 29. While the benchmark Nifty 50 will see select weight adjustments, the broader reshuffle will be more pronounced across several strategic indices.Broader passive indices are expected to witness notable flow changes, driven by shifts in free-float weights, Nuvama Institutional Equities said.Stocks that will see biggest outflowsAs per Nuvama’s calculations, Bharti Airtel will see the biggest cumulative outflows at $88 million, followed by Eicher Motors ($69 million) and Asian Paints ($69 million). The will be followed by Hero MotoCorp ($63 million), Bajaj Finance ($62 million), Maruti Suzuki ($61 million), AU Small Finance Bank ($57 million), TVS Motor Company ($56 million), Muthoot Finance ($56 million), IndiGo ($49 million), Canara Bank ($42 million), SBI Life ($41 million), State Bank of India ($38 million), Paytm ($36 million), Motilal Oswal Financial Services ($34 million), Fortis ($33 million) and Nykaa ($31 million).Stocks that will see biggest inflowsMulti Commodity Exchange of India (MCX) meanwhile will likely see the biggest inflows at $80 million, as per Nuvama Institutional Equities. NTPC comes next at $77 million, followed by Laurus Labs ($73 million), Adani Power ($72 million), GE Vernova T&D India ($70 million), BHEL ($60 million), Tata Steel ($59 million), Vedanta ($51 million), Polycab ($46 million) and Bharat Forge ($45 million).Also read: PFC-REC merger approved! Here's what will happen to your existing shares after mega mergerNifty 50In the Nifty 50 index, Coal India, ICICI Bank, Eternal, HDFC Bank and Bajaj Finance will see an increase in weights, leading to inflows worth up to $26 million, as per Nuvama’s calculations. Bharti Airtel, SBI, L&T, Grasim Industries and Maruti Suzuki meanwhile will likely see their weights being reduced on the benchmark index.Nifty Next 50On the Nifty Next 50 index, DMart shares will see the highest inflows at $11 million, followed by Hindustan Zinc ($5 million) and Tata Capital ($5 million). Adani Energy Solutions meanwhile will see outflows worth $6 million.Nifty BankBank stocks will also see changes to their weights on the Nifty Bank index. HDFC Bank will be the key gainer, with expected inflows at $37 million. SBI will also see inflows worth $29 million following increase in weights. Axis Bank however, will likely see outflows worth $19 million, followed by Canara Bank and Bank of Baroda at $10 million outflows each, as per Nuvama’s calculations.Broader marketsMeesho shares will see an increase in their weights on the Nifty Smallcap 250 and Nifty Smallcap 100 indices, leading to inflows worth nearly $3 million, as per Nuvama. RBL Bank, meanwhile, will likely see outflows worth more than $7 million.Also read: Waaree Energies shares crash 5%. Can this US ruling dent solar panel maker's image for long?(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless(You can now subscribe to our ETMarkets WhatsApp channel)Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless
Nifty indices rejig goes live today: Which stocks will see biggest inflows and outflows?
The NSEs quarterly index rebalancing takes effect today, triggering significant passive fund flows across Indian equities due to changes in free-float weights. While the Nifty 50 sees limited adjustments, broader strategic indices are witnessing sharper reshuffling.






