Uncertainty likely to prevail, 10 bluechips that analysts and brokerages are betting on SBI's economists say the surge in equity markets is not linked to economic recovery and maybe a sign of irrational exuberance.
MSCI may reverse its decision on Bharti Airtel's weight; shares pare losses MSCI cut Bharti Airtel's weight to 1.80 percent from 3.50 percent because of which, brokerage reports suggested, that there could be selling between $300-500 million in Bharti Airtel.
Fat finger error? MSCI downgrades Airtel on wrong data; market miffed Shyam Sekhar, a Chennai-based value investor who runs iThought Financials, said if MSCI can be gamed, it only shows the state of credibility of our brokerages and media. “The rot runs too deep,” he tweeted.