Page 27 - Persistent Systems News Today

Power Finance Corporation is overbought on both daily and weekly charts, says Milan Vaishnav of Gemstone.

IDFC First Bank, Max Health, Paytm, Polycab, PFC, REC and Supreme Industries have been included in the MSCI Domestic Index. No exclusions were made from the India index this time

This marks "a significant increase over the past three years, almost doubling its weight," Nuvama Alternative & Quantitative Research said in a note.

Adani stocks: MSCI said for the avoidance of doubt, it would continue implementing any neutral corporate events including ones requiring application of a Price Adjustment Factor (PAF).

In total, 42 stocks were included added to the MSCI Smallcap index as against 19 stocks that were excluded.

Suzlon Energy was among the nine stocks that will be added to the index as a part of the rejig which comes into effect from November 30.

Indias weightage in MSCIs Global Standard index will move close to 16.3%, an all-time high, from the current 15.9%, after the index providers November review. ...

MSCI added nine Indian stocks to the index in its November review on Tuesday, with changes to come into effect from market close on November 30

The company which operates the fintech platform Paytm is expected to trigger passive inflows in India to the tune of $160 million according to Nuvamas estimates.

The drop in US inflation and yields, along with Indias CPI inflation moderation, fueled a robust rally in the Indian market. Shares of Persistent Systems recorded a new all-time high of ₹6,396 apiece in todays trade.