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ftse russell: Decision on HDFC Bank inclusion in global indices in next quarterly index review: FTSE

FTSE Russell is expecting HDFC Bank to replace Housing Development Finance Corporation (HDFC) in the FTSE Global Equity indices after the completion of their merger. In non-market capitalisation weighted indices, HDFC will be removed but HDFC Bank will not be added. A tentative completion date for the merger has been shared, and once it is effective, FTSE Russell will issue a notice ....

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HDFC Bank, HDFC Tumble Nearly 6%; Combined Mcap Falls By Rs 85k Cr

HDFC shares declined by 5.63 per cent to end at Rs 2,701.15. During the day, the stock plunged 5.84 per cent to Rs 2,695. Heavy sell-off in index major HDFC twins also dragged down the benchmark indices. ....

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