How much inflow can happen in Zomato and Jio by inclusion in Nifty50 Index?

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ZOMATO, JIO FINANCIAL

To be added in Nifty 50 Index from March 28

Britannia and BPCL to be excluded from the index

Inclusion based on criteria of free-float market capitalization and other factors

WHAT FLOWS CAN WE EXPECT?

This could trigger significant trading volumes and inflows of $702 million for Zomato and $404 million for Jio Financial.

Bharat Petroleum and Britannia Industries may face outflows of $240 million and $260 million, respectively.

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