Reliance Power shares surged after a court ruling. The Delhi High Court halted a ban imposed by Solar Energy Corporation of India. SECI had accused Reliance Power of submitting fake documents. The ban prevented Reliance Power from bidding on future projects. The court’s decision offered relief to the company. The share price reacted positively to the news.
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