These passive funds mirror MSCI indices for their investment. For a stock to remain on an MSCI index, international investors must have a minimum headroom of 15%, with an adjustment factor of 1, to purchase the shares on the public market.
Goodluck India shares appeared to plunge 66% after adjusting for the company’s 2:1 bonus issue, but the stock was down only around 4% on an
RailTel Corporation of India shares gained nearly 4% after the company secured a Rs 164.79 crore work order from Western Coalfields Limited, taking its August
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