India saw an influx of up to $3 billion in August due to MSCI’s adjustments to its indices. HDFC Bank’s weight was increased, and restrictions on Adani Group stocks were lifted. Seven companies joined the global standard index, boosting India’s weight in the emerging markets index to 20%.
Uday Kotak questions SpaceX valuation, says only time will tell if we’re in ‘mega bubble’
Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks