US imposition of a 125.87% countervailing duty on Indian solar modules is set to impact domestic companies by potentially lowering module prices. Exporters may redirect unsold inventory to India, while companies like Waaree Energies are strengthening US manufacturing to mitigate the effects. The duty erodes future revenue visibility for Indian manufacturers targeting the US 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