Zomato, BHEL, PNB, others may see inflows up to $1.2 billion as part of MSCI adjustments

Post these adjustments, India's weightage in the MSCI Emerging Markets Index will reach close to its historical high of 18.2%, from the current 17.8%.

While shares of PNB may receive inflows worth up to $187 million, according to Nuvama Alternative, BHEL and NMDC are likely to see inflows worth $165 million and $161 million respectively.

While the five names mentioned above will be included in the MSCI Global Standard Index and hence the inflows, stocks like Zomato, DLF, MRF and others will see inflows courtesy an increase of their weightage on the index.

Dr Reddy's, Hero MotoCorp, HDFC AMC, Lupin, Astral, Paytm and Bandhan Bank are some of the other names which will see some inflows in the final 30 minutes of Thursday's trading session.

On the flip side, Jio Financial Services and Container Corporation of India (CONCOR) will see outflows worth $81 million and $24 million respectively, due to a reduction of their weightage in the index.

Other names like Balmer Lawrie, Cello World, Cyient DLM, Honasa Consumer, IREDA, Netweb Technologies and others will be included in the MSCI Smallcap Index. On the other hand, Torrent Power, RVNL, Barbeque Nation will be excluded from that index.