Vedanta shares faced a decline following a report by Viceroy Research. The report alleges financial instability and unsustainable debt within the Vedanta Resources group. Vedanta has refuted these claims, calling them misinformation and baseless allegations. The company defends its financial position and questions the timing of the report.
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