MSCI has revamped its India Smallcap Index, adding 11 stocks including Tata Technologies and Hexaware, while removing 22 others. The rejig, effective May 30, also involves weight adjustments across select existing constituents, signaling shifts in market sentiment.
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?
The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly declines, as