Brokerage firm JM Financial said that there is a high possibility of the inclusion of Paytm in the MSCI India Standard Index, about seven months after it was removed from the index
The brokerage also foresees the inclusion of foodtech major Zomato and Jio Financial Services (JFS) in the benchmark index Nifty 50 soon
Zomato became the first new age tech company to be included in the Sensex in November last year
After a blockbuster year for Indian new-age tech companies on the bourses, brokerage firm JM Financial has predicted a bullish outlook for select such companies in the near future.
In a research report, the brokerage said that there is a high possibility of the inclusion of Paytm in the MSCI India Standard Index, about seven months after it was removed from the index.