 "MSCI")
Global index provider MSCI is considering a proposal to make securities under the Additional Surveillance Measure (ASM) ineligible to be part of its indices, said people in the know. The move has been triggered by the recent rout in Adani Group stocks, after which some fund managers had troubles buying and selling shares of firms that were moved to the ASM framework by the National Stock Exchange (NSE), they said.
“It came as a surprise when stocks that are part of the main Nifty50 index as well as derivatives segment got added to the ASM list. Several money managers are
