HDFC Bank: MSCI to increase HDFC Bank’s weightage in Global Standard Index in 2 tranches

HDFC Bank: MSCI to increase HDFC Bank’s weightage in Global Standard Index in 2 tranches

MSCI stated that the India’s largest private lender HDFC Bank’s weightage will be increased in the Global Standard Index but in 2 tranches. The long-awaited weightage increase of HDFC Bank will be happening in the month of August, however MSCI has made an exception by raising with lower adjustment factor, leading to an inflow of … Read more

MSCI Rejig: MSCI Rejig: India may see $2.5 billion FII inflows

MSCI Rejig: MSCI Rejig: India may see .5 billion FII inflows

Mumbai: Global index services provider MSCI has included 13 Indian stocks in its Global Standard Index and removed three. That takes the total count of domestic stocks on the MSCI indices to 146, up from 136. The change is scheduled for May 31 and India could potentially witness an inflow of $2.5 billion from global … Read more