Coromandel International and One 97 Communications may join the MSCI Global Standard Index. FSN E-Commerce and Adani Energy Solutions are also strong contenders. Nuvama Alternative Research predicts these changes. Thermax and Sona BLW Precision could be excluded. These adjustments will trigger significant fund reallocations. The announcement is expected on May 14. Changes will take effect on May 30.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.