On top of the minds of most foreign investors amid a raging bull market on Dalal Street, India has just overtaken China in MSCI EM Investable Market Index (IMI) and is on track to beat the dragon in the more popular EM (emerging markets) index as well. Morgan Stanley announced that India has become the … Read more
“The situation was never as good in the Indian aviation market as it is today because there are effectively only two large players, Vistara Air India combined and InterGlobe Aviation,” says Sandip Sabharwal, asksandipsabharwal.com.Let us get stock specific then and get in your take on the entire chemical sector, brokerages are of the view that … Read more
“Few percentage point here and there does not matter as much as certainty does. So, outcome after elections, a good budget, both would have a positive impact,” says Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company. I am looking at the market positioning, what FIIs have done, what DIIs have done, what the … Read more
Global index services provider MSCI has added eight Indian stocks to its Global Standard Index and removed one as part of its quarterly index review. The changes will likely result in an inflow of nearly $1.4 billion from foreign passive funds when the actual changes take place on August 31. A release by MSCI on … Read more
In the upcoming quarterly index review by MSCI Inc, Cummins India, and IDFC First Bank have a high probability of entering the India index, according to Emkay Alternative and Quantitative Research.Global index aggregator MSCI Inc will announce the results of its quarterly review on August 10, and the changes, if any, will come into effect … Read more
MSCI Inc will reduce the foreign inclusion factor (FIF) for Adani Total Gas and Adani Transmission during index review exercise later this month, the global index aggregator said in a release late Friday. Free float is defined as the proportion of outstanding shares available to buy or sell in public markets by international investors. MSCI … 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
NEW DELHI: After weeks of getting hammered by bears, Adani stocks had their best day in a month on Thursday as investors showed buying interest at lower levels. Out of the 10 Adani stocks, eight were trading in the green zone, with NDTV and Adani Power locked in their 5% upper circuit limits. Adani Group’s … Read more
SINGAPORE, – Bonds fell and the dollar rose on Thursday as roaring U.S. retail sales had investors reckoning on interest rates staying higher for longer to temper demand, though stock markets were focused on the bright side for earnings and climbed a little. The S&P 500 rose 0.3% overnight. MSCI‘s broadest index of Asia-Pacific shares … Read more
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