sian share markets were in a mixed mood on Friday after a volatile week in which sentiment over global growth waxed and waned with every new headline on the Delta variant
Says could lead to a downgrade in market classification
The MSCI AC World Index hasn't experienced a 5% drawdown since November, the longest streak of calm since 2017, according to data compiled by Bloomberg
Three Adani group among six stocks added to the Global Standard Index
Adani Total Gas and Adani Transmission rose 1.5% and 2.9%, while Adani Enterprises ended little changed; Sensex dropped 0.7%
Most Asia-Pacific share indexes followed Wall Street higher, with Hong Kong's Hang Seng leading gains in the region
Tata Motors DVR, Intellect Design and SKF India are among the stocks that may be added to the MSCI SmallCap index
Other notable high impact potential additions include the likes of Asahi India Glass, Elgi Equipments, Solar Industries, Shriram City Union, Grindwell Norton, GSFC, Route Mobile and Sheela Foam
Global index provider will soon decide on 'extreme price increase' criteria
With its massive and successful vaccination programme, India is generally seen in better light when it comes to recovery from the coronavirus pandemic With its massive and successful vaccin
The advance to decline ratio favoured bulls as nearly 2x stocks rose for every 1 stock that declined on the BSE
Apollo Hospitals, Honeywell Automation and Adani Total Gas may see buying due to their entry in FTSE All world index; MSCI rebalancing expected to take place Friday, could spur inflows of over $250 mn
The Nifty Bank index stole the show and hit a new peak of 37,309 levels, up 1,200 points in the intra-day trade. The index closed 1,197 points, or 3.3 per cent, higher at 37,306 levels
Global index publisher said it will delete China Mobile, China Telecom and China Unicom Hong Kong from its global indexes
It is also debating whether certain indices should be designated as 'significant' or 'systematically important'
The changes in constituents for the MSCI global standard indices will take place as of the close of November 30, 2020
The regulator has also quadrupled the quantum of investment that individual fund houses can make in overseas exchange traded funds to $200 million from $50 million at present
The MSCI Emerging Markets Index is up about 3.5% this month, compared with a 1.4% slump in the MSCI All-Country World Index
Ipca Labs has tripled in the last one year from the lows of Rs 817 and continues to hold the same strength and momentum. Charts indicate more headroom from the current levels
Back in April 2020, the investment legroom for foreign investors in several Indian companies had gone up following the government's decision to automatically treat the sectoral limit as the FPI limit