Indian shares may see $1.4 billion inflows as FTSE rejig comes into effect; ICICI Bank in focus — TradingView News

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** Indian equities set for inflows of up to $1.4 billion on Friday as FTSE March semi-annual rebalancing to come into effect, per analysts

** ICICI Bank ICICIBANK will be the biggest beneficiary, to see inflows worth $426.9 million from weight increases by FTSE, MSCI and BSE, says IIFL

** Large inflows in ICBK due to merger between bank and ICICI Securities ISEC, whose shares will trade for the last time on Friday

** ICCI shareholders to get 67 ICBK shares per 100 shares of ICCI

** Kotak Mahindra Bank KOTAKBANK to see $146 million inflows as FTSE increases weight, says Nuvama

** FTSE adds 360 ONE WAM 360ONE, Bajaj Housing Finance BAJAJHFL, BSE BSE and other stocks to FTSE All World Index

** Stocks that might see inflows due to FTSE rebalancing include Zomato ZOMATO, ITC Hotels IITCHOTELS, Gland Pharma GLAND and BAJO

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