IDFC First Bank, 2 other stocks may enter MSCI India Standard Index
Cummins India, Ashok Leyland, and IDFC First Bank are expected to be included in the MSCI India Standard Index in September, which could result in significant inflows from passive funds. Emkay Global Financial Services predicts inflows of $108 million, $134 million, and $101 million, respectively, for these stocks.
