Thursday, March 30, 2023

MSCI

$2.5 bn share sale on track: Adani Group

Bankers mull changes A $2.5 billion share sale by India’s Adani Enterprises (ADEL.NS) remains on schedule at the planned issue price, the company told Reuters on Saturday, while sources said bankers were considering changes due to a market rout in...

Domestic funds counter FII selling spree

While FIIs are on a selling spree in the Indian markets, domestic institutions, including mutual funds and insurance companies, have been acting as a buffer, driven by the large inflow of retail money into the stock markets.FIIs recorded the...