Page 4 - Msci

MSCI cuts weighting of 4 Adani group stocks, triggers fresh sell-off

Changes to become effective on Feb 28; move triggers fresh selloff

Sensex dips 124 pts, smallcaps shine; Paytm cracks 9%, Tata Motors up 2%

CLOSING BELL: HCL Tech (down 2.7 per cent), Tata Steel, Reliance Industries, Wipro, ITC, ICICI Bank, Infosys, and HUL were top Sensex losers

Index provider MSCI cuts 4 Adani group securities free-float designations

MSCI said it had reduced the free floats of Adani Enterprises, Adani Total Gas, Adani Transmission and the Associated Cement Companies, the report said

MSCI to announce changes to free float status of few Adani Group securities

Index provider MSCI said on Thursday it had determined that some Adani securities should no longer be designated as free float after market participants raised concerns about the eligibility

Adani group stocks under pressure as MSCI to review free float status

Adani Enterprises locked 10 per cent lower circuit, while Adani Ports, Adani Power, Adani Transmission, Adani Total Gas, Adani Green Energy and Ambuja Cements were down up to 6 per cent

MSCI receives feedback; to do free float review of Adani Group securities

Index provider MSCI said on Thursday it has received feedback from a range of market participants concerning specific securities associated with the Adani Group

India drops to third spot in MSCI EM index amid rout in Adani group stocks

Red-hot Taiwanese market, Adani rout erode India's weighting

Adani fiasco brings down India's weight in the MSCI emerging markets index

The brutal selloff induced by the report has not only had an impact on Gautam Adani's personal wealth but also reduced India's weighting in MSCI's emerging-market benchmark

Hindenburg report on Adani group: Index provider MSCI invites feedback

Adverse feedback could lead to reduction in weightage of Adani stocks in MSCI indices

Will the current reopening of Chinese economy end India's outperformance?

A decisive transition may help pull consumer and business sentiment away from near-record lows, shake the property market out of its slumber and accelerate auto sales

Abrdn stake sale to boost passive flows in HDFC AMC, say analysts

Deal could add to asset manager's investability weight in MSCI and FTSE indices, lead to higher foreign inclusion factor, they say

Morgan Stanley upgrades Chinese equities as country eases Covid curbs

Economic recovery likely to be bumpy as earnings pressure continues, says brokerage

Rupee skids 48 paise as corporates, oil firms rush to buy dollars

Domestic unit has shed over 9% versus the greenback so far in 2022; latest weakness came despite softer dollar index and strength in Asian currencies, led by a firm Chinese yuan

Rupee gains sharply against US dollar as MSCI rejig spurs flows

The rupee closed at 81.43 per US dollar on Wednesday as against 81.72 per dollar on Tuesday

India's sectoral valuations outstrip Asian counterparts, shows data

The price-to-earnings (P/E) for the industrial and consumer staples sectors has more than doubled that of other Asian markets

Falling rupee, rising costs, job insecurity dampen study-abroad sentiment

Mass layoffs by tech biggies add to concern, but demand from non-metros robust

Adani group's cash generation ability underappreciated, says M&G

Billionaire Gautam Adani's group has attracted a lot of scrutiny over its debt-heavy balance sheet and not enough appreciation of its cash-flow generation ability, according to M&G Investments

Motilal Oswal AMC to accept fresh investments in international schemes

The AMC had suspended fresh subscriptions to these schemes in Jan after the MF industry came close to breaching global investment limit

Six Indian stocks added to MSCI; Five Star IPO manages to scrape through

These stocks will witness inflows between $165 million and $255 million from passive trackers, analysts said

Amalgamation-bound HDFC twins soar more than 5% each on MSCI tweak

Both stocks were the biggest gainers in both the Sensex and Nifty indices and accounted for nearly half of the gains made by these indices