US President Donald Trump announced a 50% tariff on copper imports, impacting companies like Hindustan Copper and Vedanta. This move, effective by the end of July or August 1, follows an investigation under Section 232 of the Trade Expansion Act.
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