The Indian rupee ended November with its worst monthly performance in eight, as Donald Trump’s victory in the U.S. election boosted the dollar and U.S. bond yields, while foreign portfolio outflows persisted.
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