Derivative markets pointed to a positive start later in the United States following losses on Wednesday when economic data failed to ease angst over rate hikes to fight inflation.
MSCI published additions and deletions to its global indexes last month but the announcement didn't detail changes to the weightings of individual stocks in its indexes
If FPI holdings decline further in the two firms, it could lead to good buying opportunities: Analysts.
From the Asia Pacific region, MSCI has added 48 stocks and deleted 76, with the most changes in China
Four domestic stocks added, one excluded from MSCI Standard index
Tata Elxsi, Jindal Steel seen as inclusion candidates; move could see a churn of Rs 6,900 crore by funds tracking the index
US Treasury yields dipped after hitting three-year highs on Wednesday as buyers emerged. Benchmark 10-year yields were last at 2.8455%, after reaching 2.981% overnight, the highest since Dec. 2018
In an investor presentation, the bank has made a case for inclusion in the MSCI and FTSE indices
There is a risk index trackers may have to sell HDFC, which is part of global indices currently
Over $400 billion in assets under management are said to be benchmarked to the MSCI EM index.
Experts say if oil prices continue to rise, India's valuation premium-to-EM peers could narrow further
The MSCI All Country stock index was flat at 744.71 points, also down 2% from a record high on Tuesday
The size of environment, social, and governance-based fund investments in India from a global sustainability AUM perspective is currently negligible, but has been growing significantly
The inflows into the realty sector too could have been subdued if not for Godrej Properties' inclusion in the MSCI index
APSEZ has been far ahead of its industry in stating publicly, more than 15 months back, its absolute commitment to achieving carbon neutrality by 2025
The Global Index provider, MSCI, has added Zomato in its MSCI Global Standard India Index and added Devyani International in MSCI India Domestic Small Cap Index.
According to an Edelweiss analysis, Tata Power will see passive inflows of $240 mn and SRF could see buying worth $230 mn. Both shares rose more than 1.5% on Monday
The brokerage has an 'underweight' stance on India along with Taiwan and Australia (just downgraded from neutral)
The Nifty50 closed at 18,162, up 170 points, or nearly 1%, extending its year-to-date gains to 30%
The entry of new-age companies will boost revenues but make indices pricier