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Markets
MSCI India index rebalancing on May 14
MSCI India index rebalancing could see inclusion of 18 stocks with inflow of $2.7 bn
Spreads of India steel players likely to be under pressure driven by lower realisations
Premium segment up but demand for mass products remains subdued
Brokerage cautions Ola Electric on hasty IPO
IPO
Brokerage shows discomfort at Ola Electric’s rush for IPO instead of first stabilizing internal operations
Sharp up-move in IT stocks implying faster demand inflection than what Accenture commentary indicates
Tata Power shares up 12% after upgrade
Mkts already factored in return of NDA in 2024
Industry
US slowdown hits IT cos in Q2
Redemption pressure likely in SMIDs
Accenture’s guidance signals gloomy H2
