[ad_1] Shares of HDFC Bank and parent Housing Development Finance Corp (HDFC) jumped more than 5 per cent each on optimism that their amalgamation will attract higher capital flows from passive trackers than previously anticipated. The optimism follows a rule tweak by global index provider MSCI on treatment of stocks M&A-bound in […]
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[ad_1] A handful of domestic stocks could see a churn to the tune of $1.6 billion (Rs 13,000 crore) on account of semi-annual index rebalancing (SAIR) of the MSCI India index. The rebalancing is scheduled to take place on Friday and the changes will come into effect after the close of trade on November 30. […]
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