While the management has expressed confidence over the demand momentum, caution is in the air given that over three-fourth of its revenue is generated in the US and Europe, the regions that are likely to be affected due to macroeconomic challenges.
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