With the addition of nine stocks on Friday, India’s representation on the MSCI’s Global Standard (Emerging Markets) index climbed to 16.27%, surpassing the earlier record set in October 2022 at 16.21%. Last month, India reclaimed the second position after displacing Taiwan. Currently, China has the highest weighting on the gauge – at 28%.
L&T, 6 others pick 8.03% stake in Cube Highways Trust for Rs 1,243 crore
The company had clocked a loss of Rs 20 crore in the year-ago period. Its total income rose to Rs 830.9 crore from Rs 781.6