PSU bank stock to enter MSCI India Global Standard Index, Biocon out
Bank of Baroda shares were up 1.5% in the morning hours on Friday following the announcement. CG Power, on the other hand, could witness an inflow of $89 million as a result of the inclusion. “The stock has gained 27% since November 2022 and 90% in the last 8 months. It made a new 52-week high this week (Rs 319.5) and MSCI addition could further add to the bullish momentum.
