Is HDFC Bank stock a good bet after MSCI August Review? What analysts say

Quick Summary:

The decline in HDFC Bank share price came after MSCI announced that the weight of HDFC Bank will be gradually increased, in two tranches, to full weight of 1.

Is HDFC Bank stock a good bet after MSCI August Review?

According to Nuvama Alternative and Quantitative Research, the current increase in weight could lead to an inflow of $1.8 billion, equivalent to 93 million shares, in HDFC Bank stock.

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Category: BusinessFinance

Markets: India

Topics: Hdfc bank msci weight Business standard Msci news Msci on hdfc bank Hdfc bank Hdfc bank news Msci update Hdfc Bank stock Hdfc bank msic news Hdfc bank share price today Msci auguts review Hdfc bank share price Msci review Markets Hdfc bank msci Hdfc bank msci august review

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Article Type: News Report

Published On: 2024-08-13 @ 12:16:39 (5 hours ago)

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