Sky Gold & Diamonds Ltd, said on Monday it has been added to the MSCI India Domestic Small Cap Index as part of the latest index review by MSCI. The company said the inclusion reflects its growing presence in India's listed small-cap universe. Sky Gold also said it turned operating cash flow positive during the current quarter, a step it described as improving working capital discipline. The company said it remains focused on balancing business expansion with profitability and cash flow generation. The jewellery maker said it is strengthening its governance and management framework, including a structured leadership approach and reinforced financial and governance processes, and has engaged a large global accounting firm. Sky Gold said it continues to focus on lightweight and value-added jewellery, while expanding its customer base and its presence across organised jewellery retail. The company said its asset-light manufacturing model remains central to its strategy of scaling ...
Adani Green, Adani Energy Solutions and Groww are among the likely entrants, while Astral and SBI Cards face possible exclusion in MSCI's August index review
Rise was driven largely by portfolio adjustments linked to changes in MSCI, prompting passive funds that track the benchmarks to buy and sell shares to align their holdings with the revised weightings
Bulls say the AI frenzy can continue luring money into the market's biggest winners, though some caution that the scale of the outperformance is a warning sign
India's weightage in the MSCI Standard Index remained broadly unchanged at 12.3 per cent, versus 12.4 per cent earlier
Feb 11 (Reuters) - Global index provider MSCI added financial services firms Aditya Birla Capital and L&T Finance to its widely tracked Global Standard Index, while emoving state-run Indian Railway Catering and Tourism Corporation (IRCTC) in a periodic reshuffle.
According to an official statement, Aditya Birla Capital and L&T Finance will be added to the MSCI Standard Index, while Indian Railway Catering and Tourism Corporation (IRCTC) will be removed
Japan's the Nikkei 225 and the South Korea's KOSPI were the biggest laggard in the MSCI AC Asia Pacific index. Both the indices fell over 1 per cent on Thursday.
The MSCI announced changes to its key indices, with Fortis Healthcare, GE Vernova, One 97 Communications, and Siemens Energy making the cutoff into the Global Standard Index
The Morgan Stanley Capital International (MSCI) Global Standard Index to include Fortis Healthcare, GE Vernova, Paytm, Siemens Energy from Dec 1, 2205; here's a trading strategy in these 4 stocks.
Fortis Healthcare and GE Vernova have rallied 41 per cent and 51 per cent, respectively, compared to an 8.2 per cent advance in the Nifty50
After a decade of outperformance, Indian equities have entered a consolidation phase with peers such as China and Taiwan regaining momentum, says Motilal Oswal
The MSCI EM index rose 7 per cent in September, its ninth monthly gain in a row, driven by China's equities, while India trailed with modest returns and foreign outflows
Nuvama Institutional Equities said that Vishal Mega Mart and Swiggy will top the inflows with $287 million and $285 million, respectively
Vishal Mega Mart and Swiggy are set to top the inflows with $287 million and $285 million, respectively, according to Nuvama
Swiggy, Mazagon Dock, Hitachi Energy, and Waaree Energies may join MSCI Index in August review, attracting $850 million in passive inflows
Technical chart suggests that Coromandel International could face some downward pressure in the near-term; while GMR Airport, Authum Investment and Le Travenues look good for near-term gains.
Shares of the agrochemicals firm Coromandel traded muted, even as it was included in the MSCI Global Standard Index
There will be no deletions taking place from the Global Standard Index
Among other notable changes, MSCI removed 11 stocks from the MSCI Korea Index while adding none. It culled nine from Japan and added one