Asian stocks climbed for a second day, mirroring a rebound in US tech shares and strong economic data. Oil prices held onto recent gains, marking their largest increase since October. Investors are reassessing the impact of artificial intelligence on tech companies, with some believing the recent selloff was an overreaction.
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