The revision reflects macroeconomic challenges such as persistent inflation, weak urban demand, and revised EPS projections for FY25–27, according to the brokerage.
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