New U.S. single-family home sales dipped 1.7% in December, yet builders reduced inventory, potentially enabling more construction starts. The supply of homes under construction reached a nearly 4-1/2 year low. Meanwhile, declining mortgage rates offer a potential boost to the housing market.
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