According to a release on Friday, Adani Total Gas’ FIF would be reduced to 14% from 25%, while for Adani Transmission, it decided to reduce it to 10% against 25% earlier. The MSCI May Index review announcement is scheduled for May 11.
ETMarkets Smart Talk: Mid & Small Caps plunge 25%: A buying opportunity or more pain ahead?
The ongoing correction is driven by a mix of valuation concerns, muted earnings growth, and global macro uncertainties. Rising geopolitical tensions and the risk of