Shriram Finance or Hindalco may enter Sensex in June: Nuvama

The changes could bring passive inflows of about $366 million into Hindalco or $445 million into Shriram Finance. Trent may see outflows of around $257 million. It's likely exclusion follows a relative decline in free-float market capitalisation after recent underperformance, the report said. Nuvama expects an announcement on May 22 and implementation from June 19. "While Shriram Finance currently leads on free-float market capitalisation, we believe Hindalco may have a relatively higher probability of inclusion, supported by the index committee's preference for broader sectoral representation within the BSE universe," said Abhilash Pagaria and Anisha Gupta of Nuvama. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price