Reserves fell $104 billion in the one year up to September 30 – and surged $30 billion in just the next three months. Forex reserves are at $562.8 billion as of December 30 – enough to cover around nine months of projected imports.
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