India likely to receive $150-200 mn inflow after FTSE index rejig

India is expected to experience a net inflow of $150-$200 million following the FTSE index rejig on June 16 and scheduled to come into effect on June 19. The restructuring of the index is expected to have a positive impact on several Indian companies and stocks expected to attract inflows include PNB, Reliance Industries, Adani Enterprises, Bajaj Finance and Wipro.