Following the demerger of ITC Hotels from ITC Ltd, Nuvama expects an outflow of approximately $180 million due to the corporate action. The passive flow for Nifty50 is projected at $110 million, while for Sensex, it will be around $70 million. During a special price discovery session, ITC’s share price was adjusted by Rs 26 on NSE and Rs 27 on BSE.
