In August, global index provider MSCI decided to increase the weight of HDFC Bank in two tranches – first in August, and then in November. This was contingent upon foreign investors’ headroom remaining 20% at the least.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,