Adani Total Gas, NMDC, Apollo Hospitals may move from mid to large-caps in AMFI rejig
Cyclicals and digital stocks may dominate upgrades in the upcoming Association of Mutual Funds in India (AMFI) size reclassification exercise, a note from the brokerage firm ICICI Securities said.
The upcoming AMFI reclassification of stocks based on size will take into account average market capitalisation for the January-June 2021 period for cateogerising scrips into large, mid and small caps, the brokerage firm said.
ICICI Securities said overall 20 stocks could be upgraded during the July reviewseven…