FTSE Russell Slashes Eternal’s Investability — What This Means for Investors
In a sudden shakeup, FTSE Russell has slashed the investability weighting of Eternal, the parent company of Zomato, from a hefty 82.7% down to just 49.5%. This drastic cut is expected to trigger a massive ₹3,235 crore outflow from index-linked funds — a move that could rattle markets and investors alike.
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