MSCI rejig today: Indian stocks to see $2.5 billion inflows, spotlight on HDFC Bank
Sensex rallied over 1135 points on Monday morning as MSCI November 2024 index review came into effect from today with Indian stocks expected to attract about $2.5 billion in passive foreign institutional investor (FII) flows. Banking heavyweight HDFC Bank would also be in the spotlight, with its weightage in the index slated to increase, bringing…
READ MORE
Election outcome, MSCI rejig among 8 factors to likely impact stock markets this week
“The RSI has entered a bullish crossover near the oversold zone, suggesting positive momentum. The sentiment appears favorable for a meaningful rally in the short term, as long as the index stays above 23,600. Immediate resistance is seen at 23,960β24,000. A decisive move above 24,000 could trigger a rally toward 24,500. On the downside, supports…
READ MORE
Adani Energy shares fall 10% on getting bad news from MSCI
Shares of Adani Energy Solutions on Thursday fell 10.37% to Rs 963 on BSE earlier in the day after global index services provider MSCI failed to include the stock in MSCI Global Standard Index citing an earlier show cause notice from Sebi in the wake of allegations made by Hindenburg. The Street was expecting Adani…
READ MORE
Voltas, BSE among 5 stocks to be added to MSCI Global Standard Index – Fresh Faces
IRFC Share Price 154.6 12:22 PM | 7 Nov 2024 0.6(0.39%) Suzlon Energy Share Price 67.87 12:22 PM | 7 Nov 2024 -1.45(-2.1%) IREDA Share Price 207.35 12:23 PM | 7 Nov 2024 -2.56(-1.22%) Tata Motors Share Price 827.55 12:23 PM | 7 Nov 2024 -12.16(-1.45%) YES Bank Share Price 20.96 12:23 PM | 7…
READ MORE
At 152, number of smallcaps with double-digit weekly returns jumps over 3 times
Domestic markets continued their recovery rally this week, buoyed by positive US economic data, which diminished the likelihood of a US recession. Moreover, positive global sentiments from ceasefire talks between Israel and Hamas, along with a decline in crude prices, contributed to the rally. During the week, as many as 152 smallcap stocks have delivered…
READ MORE
Big movers on D-Street: What should investors do with Voltas, RVNL and MapMyIndia?
Domestic markets closed marginally lower in highly volatile trade on Monday amid allegations against Sebi chief Madhabi Puri Buch and her husband by the US short-seller Hindenburg Research. Stocks that were in focus include names like Voltas, which rose 10.69%, RVNL, which jumped 11.16%, and MapMyIndia, whose shares increased 3.75% on Monday. Here’s what Kushal…
READ MORE