Driven by a surge in the shares of IT and financial services companies, the Nifty 50 and the BSE Sensex lifted off for a second straight session, touching new highs of 21,492.3 points and 71,605.76 points during the day. The Nifty 50 closed 1.3% higher at 21,456.65, while the BSERead More →
Wall Street benchmarks, on Friday, secured weekly increases, with global stocks heading towards their most substantial one-month surge since November 2020. This occurred in a truncated and subdued trading session post the U.S. Thanksgiving holiday, as per a report by Reuters. Oil futures remained stable in anticipation of the upcomingRead More →
India’s weightage on the MSCI emerging markets (EM) index is tipped to rise to 16.3% from the current 15.88% with nine fresh stock inclusions in the gauge. The addition, effective 30 November, will take India’s representation to an all-time high of 131 stocks. Mint explains: Why is the MSCI indexRead More →
One of the market’s most popular ESG index providers says it will speed up its review of companies, after it failed to address allegations of poor governance at the Adani Group companies as quickly as its competitors. MSCI Inc. will now review holdings in its ESG indexes on a monthlyRead More →
