Further FPI selling can get HDFC Bank an MSCI index entry - Economic Times


4/11/2022 12:00:00 AM3 years 1 month ago
by ET Bureau

If there is more selling by foreigners, the merged entity (HDFC-HDFC Bank) could make it to the MSCI Index. For a stock to be eligible for inclusion in an MSCI Index, the proportion of shares still available to foreign investors compared to the maximum limit …

Mumbai: HDFC Bank could be in the running for inclusion in the MSCI index if foreign selling continues. According to a note by brokerage Macquarie, foreign holdings in Housing Development Finance Cor… [+1823 chars]

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