MSCI’s index rejig will add 14 Indian smallcap stocks to its smallcap index, with potential inflows of about $135 million. Some firms face pressure: Jubilant Foodworks and Kalyan Jewellers are set for net outflows after exclusion from the MSCI Standard index. Meanwhile, names such as Escorts Kubota and IREDA could attract sizable inflows from index funds tracking MSCI.
Bitcoin is hovering around $77,000 to $79,000 after briefly touching a record high near $79,000. The market is buoyed by nine consecutive days of inflows worth about $2.12 billion, signaling renewed institutional confidence. Analysts also cite improving geopolitical sentiment and argue this could be Bitcoin’s strongest April since 2020 if it clears $80,000.
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