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According to Morgan Stanley Execution services, MSCI India will see gross inflows of US$2.8bn and net inflows of US$219mn. Thus, MSCI India to see a weight increase of 5 basis points with these changes from 9.65% to 9.74%.
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PNB Housing Finance, Chennai Petroleum Corporation and Jindal Stainless stood among companies which managed to report profits in Q4FY21 after registering losses in Q4FY20
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In the current week, benchmark index Nifty 50 ended with losses of 1% whereas Money9 Covid25 Index fell 0.7%
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Edelweiss Financial Services, Axis Capital, ICICI Securities, JM Financial and Yes Securities (India) are appointed as investment bankers to the issue.
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The company's stock price hasn't moved in the past five years and the flurry of memes on social media indicate the investor's state of mind
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Nandan Denim, Kingfa Science, Chaman Lal Setia, Venky’s India, Jaiprakash Power Ventures and Stovec stood out among companies which rallied more than 30% last week
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The Nifty Metal index managed to deliver 240% gains since March-lows last year, outperforming leading sectors throughout
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On the coronavirus front, investors would continuously watch out government's course of action along with progress on the vaccination drive.
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Larsen & Toubro's income during January-March period increased to Rs 49,116.16 crore from Rs 44,905.76 crore in the year-ago period
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For the entire 2020-21 fiscal year, Cipla reported a consolidated net profit of Rs 2,389 crore as against Rs 1,500 crore in the previous year
