In today’s briefing:
- NIFTY200 Momentum30 Index Rebalance Preview: 58% Turnover & Strong Momentum
NIFTY200 Momentum30 Index Rebalance Preview: 58% Turnover & Strong Momentum
- There could be 18 changes for the Nifty200 Momentum 30 Index that will be implemented at the close on 28 December.
- If all changes are on expected lines, one-way turnover is estimated at 58.2% and that will result in a one-way trade of INR 20bn (US$240m).
- Since July, the potential adds to the index have outperformed the index and the potential deletes by a big margin. Momentum could keep the outperformance going till implementation date.