scorecardresearchHDFC-HDFC Bank merger could set off ₹48,000-crore Nifty50 churn: Report

HDFC-HDFC Bank merger could set off 48,000-crore Nifty50 churn: Report

Updated: 11 Aug 2022, 10:02 AM IST
TL;DR.
Closer to their effective merger date, both HDFC and HDFC Bank will be removed from the Nifty, strategists at ICICI Securities told the market daily, citing a rule around index computation methodology.
Closer to their effective merger date, both HDFC and HDFC Bank will be removed from the Nifty, strategists at ICICI Securities told the market daily, citing a rule around index computation methodology.

Closer to their effective merger date, both HDFC and HDFC Bank will be removed from the Nifty, strategists at ICICI Securities told the market daily, citing a rule around index computation methodology.