India saw an influx of up to $3 billion in August due to MSCI’s adjustments to its indices. HDFC Bank’s weight was increased, and restrictions on Adani Group stocks were lifted. Seven companies joined the global standard index, boosting India’s weight in the emerging markets index to 20%.
HDFC AMC shares jump 3% after cons PAT jumps 31% YoY to Rs 641 crore, revenue up 39%
HDFC Asset Management Company reported a 31% jump in Q3FY25 profit, reaching Rs 641 crore. Its revenue grew 39%, driven by strong QAAUM growth. Despite