NMDC, Union Bank, BHEL in red despite MSCI inclusion!
Tue, Feb 13, 2024 11:19 AM

NMDC, Union Bank, BHEL in red despite MSCI inclusion!

A Flip by Shubhangi Gupta
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On February 13, shares of NMDC, Union Bank, and BHEL declined despite being included in the MSCI Global Standard Index due to overall market sentiment. In the past three months, these stocks saw a rally, making them eligible for inclusion. However, after the final results were announced, profit-booking caused their prices to drop. The BSE PSU index also dropped by Rs 6.4 lakh crore.

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