India’s stocks have benefited the most in the latest changes made by global index provider FTSE. In this change, FTSE has included 13 Indian stocks in its All-World Index, which includes multibagger government stocks like Cochin Shipyard and banking stocks like Central Bank of India.
India’s 13 stocks included
FTSE made this change on Friday. Under the change, after India, 6 Taiwanese stocks were included in FTSE’s All World Index. Apart from them, one stock each from Australia, South Korea and Hong Kong was also included in the FTSE All World Index. In this way, 22 shares were added to the prestigious index of FTSE.
These shares were included in the All World Index
The shares from India included in the FTSE All World Index include Bank of Maharashtra, Bharat Dynamics, Central Bank of India, Cochin Shipyard, Endurance Technologies, Escorts Kubota, GE T&D India, Hitachi Energy India, Housing and Urban Development (HUDCO), IRB Infrastructure Developers, KEI Industries, Lloyds Metals and Energy and Motilal Oswal Financial Services.
These 14 shares got a place in the Large Cap Index
Along with the All World Index, changes were also made in other indices of FTSE. 14 shares from India were added to the Large Cap Index of FTSE. They include Bharat Dynamics, Dixon Technologies (India), Jindal Stainless, Linde India, Mazagon Dock Shipbuilders, Oil India, Oracle Financial Services Software, PB Fintech, Phoenix Mills, Prestige Estates Projects, Rail Vikas Nigam (RVNL), Thermax-A, Torrent Power and UNO Minda. Adani Wilmar, One 97 Communications (Paytm), Page Industries, Tata Elxsi and UPL were excluded from this index.
These changes were made in the FTSE Mid Cap Index
Adani Wilmar, Bank of Maharashtra, Central Bank, Cochin Shipyard, Endurance Technologies, Escorts Kubota, GE T&D India, Hitachi Energy India, HUDCO, IRB Infrastructure, KEI Industries, Lloyds Metals & Energy, Motilal Oswal, Paytm, Page Industries, Tata Elxsi and UPL were added to the FTSE Mid Cap Index, while on the other hand Dixon Technologies (India), Jindal Stainless, Linde India, Mazagon Dock, Oil India, OFSS, PB Fintech, Phoenix Mills, Prestige Estates, RVNL, Thermax-A, Torrent Power and UNO Minda were excluded from the Mid Cap Index.
