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.
Tech View: Nifty weakness persists, bulls await 23,400 break. How to trade on Monday
Nifty’s short-term trend remains weak within a range. A breakout above 23,400 is crucial to trigger fresh buying interest, while immediate support stands at 23,100,