MSCI Index rejig: Adani Transmission, Adani Total shares fall 5% each, Indus Towers down over 2% on index exclusion
Adani Total Gas shares were locked at 5% lower circuit at ₹812.60, while Adani Transmission also fell 5% to an intraday low of ₹871.15. Indus Towers also declined more than 2%.
Shares of Adani Transmission, Adani Total Gas and Indus Towers fell between 2-5% Friday after MSCI announced that these stocks will be dropped out of the MSCI India Standard Index.
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