adani msci

Adani stocks lose $10 billion in value as MSCI exclusion weighs

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Adani stocks lose $10 billion in value as MSCI exclusion weighs

Stocks part of Adani Group have lost a combined $10 billion in market value this week, weighed down by MSCI Inc.’s move to exclude two entities from its India gauge and concerns over potential dilution from a fundraising plan. Adani Total Gas Ltd. and Adani Transmission Ltd. — the two stocks to be dropped from … Read more

MSCI index rejig today: These 4 stocks likely in limelight ahead of rebalancing

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MSCI index rejig today: These 4 stocks likely in limelight ahead of rebalancing

MSCI Inc will announce the results of the quarterly review of its global standard indices later Thursday. The proposed changes will come into effect as of the close of February 28. Dalal Street will have its eyes glued to it given that several foreign investors use the MSCI indices as a gauge to invest in … Read more