The government plans to complete the strategic sale of SCI in this fiscal. The central government is looking to sell its 63.75% stake in SCI. It is expected to fetch Rs 3,000 crore. “There is no reason that the SCI strategic sale will not happen this year,” the report claimed, quoting this official.
MSCI announced changes in weightage of stocks in the MSCI Standard Index earlier and the weight changes are effective from March 1, 2021. All rebalancing will happen in trade on Feb 26th, the last trading day.