The move is not expected to trigger any weight changes, a Nuvama report said. MSCI will continue with the half factor for the merged entity and passive trackers will have to sell around USD 150-200 million of the merged entity on the potential index adjustment.
India set for real GDP growth of 7.5% as inflation stays cool: Axis Bank chief economist Neelkanth Mishra
Axis Bank chief economist Neelkanth Mishra projects India’s real GDP to grow 7.5% in the next fiscal, driven by reforms and supportive policies. Headline inflation