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
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.56%. Australian stocks edged up by 0.1%, while shares in China rose 0.07%. Tokyo shares gained 0.4%
MSCI's broadest index of Asia-Pacific shares outside Japan gained half a percent, lifting away from a one-month low made on Wednesday
While legroom for overseas investors in Indian firms has gone up after govt's move to automatically bring sectoral foreign investment limit under FPI, index provider seeks more clarity on changes
SGX's stock fell close to 12%, the most since 2003, amid concerns over revenue loss
MSCI India Domestic Small Cap Index, on the other hand, has seen 52 deletions which include BSE, Venky's India, Jammu & Kashmir Bank, Power Finance Corporation and Dish TV India
The rebalancing is scheduled to take place on May 12 and the changes will become effective from June 1
Move follows MSCI step, inflows may rise by $2 billion
In October, the Indian government had issued a circular raising statutory FPI limit of Indian companies to the sectoral foreign investment limit
Global index provider was expected to hike the weight after Centre's decision to virtually increase investment limit for overseas investors in domestic firms
Berger trading at more than 25% premium to Asian Paints
US crude soared 4.42% to $65.47 a barrel
FPI limit hike will be implemented from April 1, 2020