GQG Partners’ Adani Energy Solutions stake sale added unexpected supply during MSCI’s rebalancing auction, overwhelming passive-fund demand and contributing to a 10% stock decline. Hedge funds positioned for index-driven buying were also affected. About $569 million of shares changed hands, while GQG’s stake had fallen to 3.46% by August-end.
First they called him Nithin, then WTF flipped the script: Nithin Kamath’s birthday wish as Nikhil turns 40
Nikhil Kamath’s growing WTF and WTFund profile has ended years of confusion with brother Nithin. Nithin also recalls Zerodha’s early press breakthrough, which nearly doubled