Daily BriefsUtilities Sector

Daily Brief Utilities: Power Grid Corporation Of India and more

In today’s briefing:

  • NIFTY Family Index Rebalance: Flows at the Close Today + F&O Expiry


NIFTY Family Index Rebalance: Flows at the Close Today + F&O Expiry

By Brian Freitas

  • The rebalance of the NIFTY, Nifty Next 50, NSE Nifty Bank, CPSE ETF (CPSEBE IN) and a bunch of other indices will be implemented at the close of trading today.
  • Depending on the index, there are constituent changes, changes to the number of shares and free float, plus capping changes. Put together, there is a lot of flow and impact.
  • The round-trip trade will be in excess of US$1bn. Add in the futures & options expiry and volumes will be extremely high in the last 30 minutes of trading.

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