The share prices of HDFC and HDFC bank fell over 5 percent after MSCI update spooked investors. MSCI is planning to add HDFC Bank to the largecap segment of MSCI Global Standard Indexes with an adjustment factor of 0.5, instead of the expected 1 which could lead to a potential outflow of up to $200m instead of an inflow. Infosys Shares Fall Nearly 15%; Mcap Declines by Rs 73,060 Crore Post Earnings Announcement.
HDFC Bank Share Price
HDFC Bank down 5%#nifty #StockMarket #investing #trading pic.twitter.com/IAtjYiPI6q
— Stock Ark (@stoc_ark) May 5, 2023
HDFC twins sink as Street fears MSCI blow may trigger $200 mn outflowhttps://t.co/rNk7hrtN91
— John (@PlasteredJohn) May 5, 2023
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)