{"id":578180,"date":"2023-05-20T12:10:07","date_gmt":"2023-05-20T06:40:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=578180"},"modified":"2023-05-20T13:41:19","modified_gmt":"2023-05-20T08:11:19","slug":"adani-stocks-lose-10-billion-in-value-as-msci-exclusion-weighs-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-stocks-lose-10-billion-in-value-as-msci-exclusion-weighs-2\/","title":{"rendered":"Adani stocks lose $10 billion in value as MSCI exclusion weighs"},"content":{"rendered":"<p>Stocks part of Adani Group have lost a combined $10 billion in market value this week, weighed down by MSCI Inc\u2019s move to exclude two entities from its India gauge and concerns over potential dilution from a fundraising plan.<\/p>\n<p>Adani Total Gas Ltd and Adani Transmission Ltd \u2014 the two stocks to be dropped from the MSCI India gauge at the end of this month \u2014 headed for their worst weeks since late February. The exclusions will probably trigger around $390 million of selling by passive funds, Brian Freitas, an independent equities analyst who publishes on Smartkarma, predicted earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks part of Adani Group have lost a combined $10 billion in market value this week, weighed down by MSCI Inc\u2019s move to exclude two entities from its India gauge and concerns over potential dilution from a fundraising plan. Adani Total Gas Ltd and Adani Transmission Ltd \u2014 the two stocks to be dropped from the MSCI India gauge at the end of this month \u2014 headed for their worst weeks since late February. The exclusions will probably trigger around $390 million of selling by passive funds, Brian Freitas, an independent equities analyst who publishes on Smartkarma, predicted earlier.<\/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":[146,130,234],"tags":[],"class_list":["post-578180","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578180","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=578180"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578180\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=578180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=578180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=578180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}