According to earlier estimates by Edelweiss Alternative and Quantitative Research, Adani Enterprises’ inclusion into Nifty may lead to inflows of $183 million into the stock. Adani Enterprises will be the second stock from Gautam Adani’s stable to be included in the Nifty50 index after Adani Ports and Special Economic Zone.
Nilesh Shah on why you should never predict the market
Nilesh Shah of Kotak AMC has advised people not to try to predict the market, stating that more often than not, they will be wrong.