TOKYO -- Global index provider MSCI is moving to cut the weightings of four Adani Group stocks in its widely followed indexes, dealing another blow to the Indian conglomerate following a rout in its shares triggered by a short-seller report.
Change could prompt global investors to sell more shares in Indian group
TOKYO -- Global index provider MSCI is moving to cut the weightings of four Adani Group stocks in its widely followed indexes, dealing another blow to the Indian conglomerate following a rout in its shares triggered by a short-seller report.