HDFC Bank to replace HDFC Ltd on MSCI indexes

The share price of both companies slid in May after MSCI said that it would use an adjustment factor of 0.50 to compute the weightage of the merged entity, which Nuvama Research estimated would likely lead to a combined outflow of $150-$200 million.

Jul 7, 2023 - 21:30
HDFC Bank to replace HDFC Ltd on MSCI indexes
The share price of both companies slid in May after MSCI said that it would use an adjustment factor of 0.50 to compute the weightage of the merged entity, which Nuvama Research estimated would likely lead to a combined outflow of $150-$200 million.