After remaining an underperformer in the current calendar year, Nifty IT (NSEIT) might be ready to take a U-turn, believes JM Financial, suggesting that it was time to start putting weight on the large cap stocks in this sector.
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