MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5%, helped by a 1% jump in Taiwanese shares and a 0.8% advance in Hong Kong’s Hang Seng index.
Flipkart Investments Private Limited divested its 6% stake in Aditya Birla Fashion & Retail. The sale occurred in a bulk deal for Rs 582 crore.
Morgan Stanley initiated coverage on Swiggy with an ‘Overweight’ rating and a price target of Rs 405, indicating a 22% upside. The brokerage highlighted strong
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