FTSE All-World Index Rejig: Here's What Changed For India Stocks
Embassy Office Parks REIT was the only Indian company to be excluded from the All-World Index.
FTSE has added 16 Indian companies to its All-World Index in its semi-annual index review.
The changes by the global index provider will be effective from March 15.
Fertilisers and Chemicals Travancore Ltd., Jindal Stainless Ltd., Kalyan Jewellers India Ltd., KPIT Technologies Ltd., Mazagon Dock Shipbuilders Ltd., Metro Brands Ltd. and New India Assurance Co. were among the companies added to the index.
Embassy Office Parks REIT was the only Indian company to be excluded from the All-World Index.
Aurobindo Pharmaceuticals Ltd., Bharat Forge Ltd. and Bharat Heavy Electricals Ltd. were added to the FTSE large-cap index.
Bandhan Bank Ltd. was the only company excluded from the large-cap index.
Bandhan Bank, Jindal Stainless, and Kalyan Jewellers India were among the companies added to the global index provider's mid-cap index.
Aurobindo Pharmaceuticals, Bharat Forge and Bharat Heavy Electricals were part of the exclusions.
Anand Rathi Wealth Ltd., Arvind Ltd., and BEML Ltd. were among the inclusions, while Jindal Stainless, Kalyan Jewellers India, and KPIT Technologies were among the exclusions in the FTSE small-cap index.