Coforge Shares Hit 3-Month Low

  Published 10 months ago

Coforge fell 4.1% to Rs 1,633.30 after missing MSCI Global Standard index inclusion, extending YTD losses to 15.4%.

  • MSCI added Vishal Mega Mart, Swiggy, and two others to its flagship Global Standard index.
  • Coforge’s exclusion surprised markets, as IIFL had expected its inclusion in the index.
  • New additions could see potential total inflows of $1 billion into Indian equities.

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