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.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid