Shares of Adani Transmission, Adani Total Gas and Indus Towers will exit the MSCI Global Standard Index on May 31, 2023, as a part of the May rejig exercise. On the other hand, Max Healthcare Institute, Hindustan Aeronautics (HAL) and Sona BLW Precision Forgings will make an entry into the index. The exit of Adani … Read more
Index aggregator MSCI Inc has rejigged the Global Smallcap index as part of its review, which will see 14 Indian stocks enter the index, and nine exit, effective May 31. Action Construction Equipment, Anupam Rasayan, Bikaji Foods, Fusion Micro Finance, IRCON International, Kaynes Technologies, KFin Technologies, Maharashtra Seamless, NMDC Steel, Power Mech Projects, Rail Vikas … Read more
“In case of deletions, the index provider has decided to delete Adani Transmission and Adani Total Gas and Indus Towers as well. In case of Adani Group of stocks, in case of Adani Transmission, the net outflow is to the tune of 190 million dollars. In case of Adani Total Gas it is 170 million … Read more
NEW DELHI: Although net sellers in the Indian market in the last one-and-a-half years, foreign institutional investors or FIIs, have been consistently raising stakes in over 110 stocks in the last four quarters. Out of them, the top 10 have delivered up to 300% return in the last one year. An analysis of shareholding pattern … Read more
The offer for sale (OFS) of shares by the government in Hindustan Aeronautics Ltd was a big success despite markets being in turbulent waters. The retail portion of the OFS also received an overwhelming response, with the government getting bids for 14,50,924 shares against 11,70,357 shares on offer for the category. The clearing price for … Read more
Hindustan Aeronautics Ltd (HAL) is likely to be included in the MSCI Standard Index, when the index provider will review the constituents once again in May 2023, according to Nuvama Institutional Equities. The brokerage said, based on its calculations and understanding of methodology, HAL holds a high chance to get included in the May 2023 … Read more
There’s expectations that Indian equities will witness a bull rally in 2023 amid strong foreign fund flows. With the aim of maximising potential returns while minimising risks, buying stocks with a high margin of safety, low earnings multiples, and stable business growth is the investment tip by Mayank Mehraa, a smallcase manager and principal partner … Read more
The Indian market is likely to open higher on Tuesday tracking positive global cues. The S&P BSE Sensex fell more than 500 points while the Nifty50 closed below 18,200 level on Monday. We have collated stocks from various experts for traders who have a short-term trading horizon: Expert: Dharmesh Shah, Head – Technical, , told … Read more
Mumbai: Tube Investment, ABB India, Varun Beverages, , and are among the stocks likely to enter the MSCI India Standard index as part of the gauge’s November 2022 semi-annual review, IIFL Securities said. Global index services provider MSCI will announce the changes to its Indian indices on November 10, while the adjustments will take place … Read more
Indian market closed in the green on Monday tracking positive global cues. The S&P BSE Sensex rose more than 300 points while Nifty50 reclaimed 17900 levels. Sectorally, buying was seen in realty, consumer durables, IT, utilities, and power stocks. Stocks that were in focus included names like which closed with gains of more than 6 … Read more