{"id":576221,"date":"2023-05-12T09:32:53","date_gmt":"2023-05-12T04:02:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=576221"},"modified":"2023-05-12T10:13:09","modified_gmt":"2023-05-12T04:43:09","slug":"msci-drops-adani-transmission-and-adani-total-gas-from-india-index","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/msci-drops-adani-transmission-and-adani-total-gas-from-india-index\/","title":{"rendered":"MSCI drops Adani Transmission and Adani Total Gas from India index"},"content":{"rendered":"<p>Global index provider MSCI has dropped Adani Transmission and Adani Total Gas from its India index\u2014a move that will result in selling worth Rs 3,200 crore ($390 million) in these two counters by passive sellers. The change will become effective from May 31. <\/p>\n<p>MSCI has said if these two Adani group stocks get locked in their lower trading limit for a cumulative 5 minutes on May 31, the deletion will take place at zero value. If not, the index provider will use the official closing price. <\/p>\n<p>Shares of Adani Transmission on Thursday closed at Rs 917, up 3 per cent over its previous day\u2019s close, while those of Adani Total Gas rose 2.3 per cent to end at Rs 855.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global index provider MSCI has dropped Adani Transmission and Adani Total Gas from its India index\u2014a move that will result in selling worth Rs 3,200 crore ($390 million) in these two counters by passive sellers. The change will become effective from May 31. MSCI has said if these two Adani group stocks get locked in their lower trading limit for a cumulative 5 minutes on May 31, the deletion will take place at zero value. If not, the index provider will use the official closing price. Shares of Adani Transmission on Thursday closed at Rs 917, up 3 per cent [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-576221","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/576221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=576221"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/576221\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=576221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=576221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=576221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}