FTSE rejig: HDFC Bank scores block deals worth ₹4,500 crore on passive inflows; check stock movement
FTSE will increase HDFC Bank's weightage in three tranches. The stock is likely to see inflows of $650 million.
Shares of HDFC Bank gained over 1 per cent on Friday, September 15, and traded at an intra day high of ₹1,670 on the NSE during late afternoon deals, after the leading private lender witnessed block deals worth ₹4,500 crore, according to a report by CNBC-TV18. The deals came over passive inflows following a rejig of the FTSE indices.
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