Concerns are rising over the weighting methodology of Indian indices like Nifty and Bank Nifty, with experts suggesting a re-evaluation. Gurmeet Chadha proposes incorporating GDP representation alongside free-float market cap. He highlighted that HDFC and ICICI constitute a significant portion of Bank Nifty.
Dalal Street Week Ahead: Nifty seen consolidating further before next directional move
The Nifty experienced a mild corrective movement, trading in a downward-biased consolidation phase and ending the week with a slight loss. Despite a supportive Fed