NIFTY MNC index jumps 13% in 30 days; stocks like ABB India, Cummins India, and HUL shine; what it means
MNC stocks: The Nifty MNC index comprises 30 listed companies on the National Stock Exchange (NSE) in which the foreign promoter shareholding is over 50%. This means that half of the company is owned by its promoters (founders/controlling shareholders), who are based outside India.
MNC stocks: The Nifty MNC index comprises 30 listed companies on the National Stock Exchange (NSE) in which the foreign promoter shareholding is over 50%. This means that half of the company is owned by its promoters (founders/controlling shareholders), who are based outside India.
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