rejig

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

by
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

Trent, Bharat Electronics likely to replace LTI Mindtree and Divi’s Lab in Nifty: Nuvama

by
Trent, Bharat Electronics likely to replace LTI Mindtree and Divi’s Lab in Nifty: Nuvama

Retailer and hypermarket operator Trent and state-owned Bharat Electronics are likely to replace LTI Mindtree and Divi’s Laboratories in the forthcoming rejig in the Nifty index, according to an estimate by Nuvama Alternative & Quantitative Research. The possible changes would lead to an inflow of $429 million or Rs 3,500 crore into Trent and $ … Read more