Following the report, the stock surged 1.5% to the day’s high of Rs 245.90 on Monday. The banking stock has been underperforming since the last one year during which it has lost over 10% of its value.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The