Increase in public float to stoke a $685 million fire in passive buying

Six companies, including three from Adani Group, have seen a sharp increase in their public shareholding this year. This will lead to an increase in their weighting in various global indices, resulting in cumulative net buying of as much as $685 million (Rs 5,628 crore). Meanwhile, UPL and Havells India could see some selling… Continue reading Increase in public float to stoke a $685 million fire in passive buying

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