London’s FTSE Index just gave Indian stocks a big nod—and the market responded with a roar. On June 20, several India-listed companies saw their shares surge after being added to the FTSE Russell indices. This FTSE Index rejig sparked major investor excitement, pushing some stocks up by as much as 8%.
Big Gainers: Swiggy, Hyundai, Waaree
Hyundai Motor India hit an all-time high, jumping 4% to ₹1,985. Swiggy wasn’t far behind, climbing 1.4% to ₹379. But the biggest winner? Waaree Energies, with a nearly 8% spike—its strongest one-day rally in two months.
Also riding the FTSE wave were NTPC Green Energy and Sai Life Sciences. NTPC gained 4%, while Sai rose over 1%, joining the party of stocks seeing fresh optimism and likely foreign inflows.
What’s Driving the Rally?
The FTSE Index inclusion means more global money flowing into Indian stocks. According to Nuvama Research, the total passive inflows from the June 2025 changes could hit $313 million.
Here’s a quick breakdown:
- Vishal Mega Mart – $115M
- Hyundai – $56M
- Waaree Energies – $49M
- Swiggy – $32M
- NTPC Green Energy – $22M
- SAI Life Sciences – $8M
Other names like OneSource, Afcons Infrastructure, and Inventurus Knowledge will also see modest gains in inflow.
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Not Everyone’s Winning
Interestingly, Vishal Mega Mart shares fell 1%, even though it’s expected to get the biggest foreign inflow. It traded at ₹125 despite the FTSE Index boost. Meanwhile, OneSource and Afcons traded flat, showing that inflow expectations don’t always translate into instant price jumps.
New Faces in the FTSE Microcap Segment
Along with large and midcap changes, the FTSE rejig welcomed 18 stocks into the microcap segment. Notable mentions:
- Mobikwik (up 3%)
- DAM Capital Advisors (up 2%)
- Laxmi Dental and Mamata Machinery (both up ~2%)
- Transrail Lighting (gained 1%)
Why It Matters
The FTSE Index is run by FTSE Russell, a unit of the London Stock Exchange Group. Its changes often trigger passive investments from global funds. So when Indian companies make the cut, it’s not just about prestige—it’s about money, visibility, and momentum.
And this time, India bagged over $300 million in inflows. That’s a serious global vote of confidence.
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