Indian market is expected to open higher, mirroring positive global trends. Nifty futures closed with a 1.20% gain, while India VIX decreased by 3%. Experts recommend buying RIL, National Aluminum, Bajaj Auto, Axis Bank, Shriram Finance, Union Bank, Tata Steel, ICICI Bank and SAIL for short-term gains.
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