The Nifty IT Index experienced a remarkable 32% surge over the past year, fuelled by a robust first quarter. This strong performance was primarily driven by Tier-1 IT companies, which showed solid revenue growth, improved margins, and stable management outlooks, contributing to the sector’s outperformance.
Adani Energy shares fall 9% on getting bad news from MSCI
MSCI did not include Adani Energy Solutions in its Global Standard Index. This followed a show cause notice issued by SEBI to Adani Energy Solutions.
November 7, 2024