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
- 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.