Oil prices rallied sharply after US and Israeli strikes on Iran heightened Middle East tensions. Brent and WTI hit multi-month highs, with further gains likely amid supply risks through the Strait of Hormuz, potentially pressuring equities and oil-sensitive sectors.
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