“MSCI’s August 2024 review changes for its standard and small-cap indices will be implemented on Friday, likely leading to $5.5 billion in net inflows,” said Sriram Velayudhan, head of alternative research at IIFL. “This includes adjustments to country weightings, with India expected to gain substantially post-rebalancing.”
LIC won’t sell stake in NSE IPO OFS, betting on exchange’s long-term potential
Life Insurance Corporation of India will not sell its stake in the National Stock Exchange’s IPO. LIC holds a significant 10.7% stake in NSE. The