MSCI lifts curbs on Adani group stocks

Quick Summary:

Global index provider MSCI lifted restrictions on Adani group stocks that were imposed after Hindenburg Research's report in January 2023.

The move, despite a second Hindenburg report, led to some Adani stocks showing gains.

The changes will be effective from the end of August during MSCI's current index review process.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaChadOman

Topics: MSCI Restrictions Index provider Hindenburg Research Adani group stocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 07:29:15 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 496 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 22070381

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